Gold price falls Rs 2,308/10g in futures trade as higher crude , strong US dollar dampen bullion demand

Traders said rising crude oil prices following fresh hostilities in West Asia stoked inflation concerns, strengthening the US dollar and prompting investors to trim exposure to precious metals.

Gold price falls as higher crude dampen bullion demand.

Gold futures slumped by Rs 2,308 per 10 grams.

Rising crude oil prices dented gold's appeal.

West Asia tensions contributed to the decline.

PTI

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