![As the dollar and Treasury yields strengthened, gold declined](https://market-tracker.in/wp-content/uploads/2023/11/pngtree-sleek-3d-render-of-shiny-gold-bars-and-coins-on-black-image_3762047-600x359.jpg)
As the dollar and Treasury yields strengthened, gold declined
Gold prices fell by 0.8%, settling at 71,611 INR per 10 grams due to strengthening U.S. dollar and Treasury yields following inflation data. However, gold ended the week positively due to anticipation of a potential interest rate cut by the U.S. Federal Reserve in September. The personal consumption expenditures price index rose by 0.2% in…