coin-img-BTCBTC+0.89%coin-img-SOLSOL+0.51%coin-img-USDCUSDC-0.02%coin-img-XRPXRP+0.00%coin-img-SPCXBSPCXB+1.65%coin-img-TRXTRX+0.51%coin-img-HYPEHYPE+4.56%coin-img-ETHETH+0.03%coin-img-BTCBTC+0.89%coin-img-SOLSOL+0.51%coin-img-USDCUSDC-0.02%coin-img-XRPXRP+0.00%coin-img-SPCXBSPCXB+1.65%coin-img-TRXTRX+0.51%coin-img-HYPEHYPE+4.56%coin-img-ETHETH+0.03%coin-img-BTCBTC+0.89%coin-img-SOLSOL+0.51%coin-img-USDCUSDC-0.02%coin-img-XRPXRP+0.00%coin-img-SPCXBSPCXB+1.65%coin-img-TRXTRX+0.51%coin-img-HYPEHYPE+4.56%coin-img-ETHETH+0.03%coin-img-BTCBTC+0.89%coin-img-SOLSOL+0.51%coin-img-USDCUSDC-0.02%coin-img-XRPXRP+0.00%coin-img-SPCXBSPCXB+1.65%coin-img-TRXTRX+0.51%coin-img-HYPEHYPE+4.56%coin-img-ETHETH+0.03%
user-avatar
ThePrint

Delhi gold drops Rs 900 to Rs 1.47 lakh per 10 grams on Aug 3 as rupee strengthens

AI Market Summary
Delhi gold prices fell as a firmer rupee and subdued international moves reduced local-currency support, underscoring FX sensitivity in India's bullion market. Globally, spot gold and silver were marginally higher amid a softer dollar and easing oil, but elevated real yields and caution ahead of key US data kept gold range-bound. Near-term focus shifts to US macro releases and real-rate dynamics.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-0.73%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Gold in Delhi fell Rs 900 to Rs 1.47 lakh per 10 grams (inclusive of all taxes) on Aug 3, pressured by a stronger rupee and muted moves in international markets. Silver rose Rs 1,800 to Rs 2.26 lakh per kg (inclusive of all taxes) over the same period. In global trade, spot gold edged up to USD 4,048.89 an ounce while silver inched higher to USD 57.97 an ounce.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Commodity

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.