Gold Prices Today: Gold struggled in Indian markets today as global rates fell to more than one week low. On MCX, gold futures were down 0.61% to ₹48,588 per 10 gram, extending losses to the second session.
Gold silver futures prices slip on Tuesday, even as analysts believe the recent risk-off sentiment may revive safe-haven bets for bullion. Analysts said the upcoming announcement of further stimulus measures by the newly elected US government may support gold, as a perfect hedge against possible inflation.
Gold price headed for its worst month since late 2016 as a stronger dollar and expectations for improving economies diminish demand for the haven asset.