Gold prices fell for the third day in a row, declining by ₹1,470 per 10 grams in early trade on Wednesday, November 13, due to a stronger US dollar in global markets. The American currency traded near three-month high levels ahead of the key inflation data which could give cues about possible rate cuts by the US Federal Reserve.
gold rate in chennai
Gold Rates Are Down About ₹6,000 From their August Highs
Gold and silver rates in India edged lower today, tracking muted global cues. On MCX, gold futures today fell 0.43% to ₹50,546 per 10 gram, extending losses to the third day.