Gold futures have been on a downward trend for seven consecutive sessions, plummeting to Rs 1.5 lakh per 10 grams after falling by Rs 1,559. The decline is attributed to rising oil prices, inflation fears, and the ongoing US-Iran military tensions.
The market has been volatile due to these global cues, causing gold prices to drop significantly. The latest fall marks a total loss of Rs 11,000 in just six sessions.
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