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Gold prices in Delhi dropped to Rs 1.48 lakh per 10 gm, extending losses due to subdued local demand, weak global trends, and anticipation of US Fed rate hikes.
Vietnam’s gold prices continued to fall on Wednesday afternoon after sliding over 2% earlier in the session.
Gold and silver prices opened mixed on the MCX, with silver gaining while gold declined. Weak US economic data reduced expectations of a Federal Reserve rate hike in October, supporting precious metals. Spot gold and silver also rose. Analysts expect further gains if key resistance levels are breached, but advise…