Gold plunges to Rs 1.58 lakh/10g as inflation fear overshadows bullion demand
New Delhi, Jun 5 (PTI) Gold prices plunged by Rs 1,221 to Rs 1.58 lakh per 10 grams in futures trade on Friday as elevated oil rates, persistent tensions in West Asia and concerns over higher interest rates dented investor sentiment. On the Multi Commodity Exchange, the yellow metal for August delivery declined by Rs 1,221, or nearly 1 per…
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