Gold declines Rs 640 to Rs 1,29,460/10g amid weak global cues
New Delhi, Nov 27 (PTI) Gold prices declined by Rs 640 to Rs 1,29,460 per 10 grams in the national capital on Thursday due to poor offtake by stockists and retailers amid weak global trends, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity decreased by Rs 640 to Rs 1,28,860 per 10 grams (inclusive of all taxes). “Gold edged lower in range-bound trading on Thursday. Easing geopolitical tensions, driven by progress toward a potential Russia-Ukraine peace deal, which reduced the geopolitical risk premium and prompted some profit-taking,” Saumil Gandhi, Senior Analyst – Commodities