What is driving the latest dip in gold prices, and how are global market uncertainty, rising crude oil prices and currency movements shaping the market?
Gold prices have fallen by more than Rs 3,500 per gram in the last 8-9 months. Gold prices have fallen sharply in the last 10 days. The price of non-jewelry gold has fallen close to the Rs 13,000 mark. Some factors like rising oil prices, rising dollar currency value, rising treasury yields etc. have affected the price of gold.