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The yellow metal of 99.9 per cent purity fell to a one-week low, depreciating ₹700 to ₹1,48,900 per 10 grams, inclusive of all taxes, from Tuesday's closing level of ₹1,49,600
Gold and silver prices dropped in international markets due to a stronger US dollar and higher Treasury yields, while investors watch key technical levels.
Gold prices in Delhi fell by Rs 200 per 10 gm due to weak retail demand during Pitru Paksha and an elevated US dollar. Silver remained steady.