Gold prices dip 6% amid stronger Dollar and US inflation concerns

New Delhi [India], November 16 (ANI): Gold prices have witnessed a significant decline of around 6 per cent since Diwali, driven by a stronger dollar and concerns over US inflation data.

The rate of 24-carat gold per 10 grams, which stood at Rs80,710 on November 1, dropped to Rs75,920 on Saturday. This sharp correction reflects ongoing global economic pressures influencing commodity markets.

Jateen Trivedi, VP Research An