Gold Prices Plummet to Two-Month Low in Delhi
Gold prices in Delhi have fallen to their lowest level in two months, dropping by Rs 1,400 to Rs 1.486 lakh per 10 grams on Tuesday.
The price dip is attributed to weak local demand and a stronger US dollar, which has weighed heavily on the precious metal.
Pinky Yadav, Commodity Fundamental Analyst at Choice Broking, noted that 'gold experienced a sharp correction in September, dipping below Rs 1.5 lakh per 10 grams due to significant global pressures.'