13 Sep , 2021 By : Kanchan Joshi
Gold and silver rates struggled in Indian markets today amid subdued global cues. Gold prices edged up 0.14% to Rs46,872 per 10 gram but still hovered near 1-month low. Silver continued the weak trend, falling 0.4% to Rs63,345 per kg.
In the previous session, gold had dropped 0.4% while silver slumped 0.9%.
In global markets, gold struggled today after a sharp decline in the previous week. Investors remained cautious ahead of a crucial US consumer price reading due later this week. Spot gold was flat at $1,787.40 per ounce, after falling 2.1% in the previous week.
Also, a stronger US dollar weighed on gold. The dollar index edged higher to 92.632, after a 0.6% gain last week.
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