India's gold prices hit a three-month low on Wednesday, dropping to Rs 1.44 lakh per 10 grams, as global markets react to a bolstered US dollar and expectations for elevated interest rates. Analysts attribute this slump to signals from the Federal Reserve and a notable downturn in technology stocks. Investors are now closely monitoring upcoming US inflation figures to gauge the next steps in the market.
India's gold prices have fallen to a three-month low, reaching Rs 1.44 lakh per 10 grams, driven by a strong US dollar and anticipation of higher interest rates. This slump is further influenced by Federal Reserve signals and a downturn in technology stocks, with investors now…
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