Gold Prices Fall Sharply Today, Silver Rates Slip: 5 Things To Know

Gold prices today plunged back to near Rs 32,000 per 10 grams in Delhi, a level last seen almost two weeks ago. Decline in gold prices came amid a fall in demand from jewellers and retailers, despite slight recovery in international rates of the precious metal, according to traders. Gold prices in Delhi fell by Rs 430 to Rs 32,020 per 10 grams at the bullion market, news agency Press Trust of India reported. Short-covering caused international gold prices to edge higher on Wednesday. That came a day after gold prices slid to their lowest level this year on surging US bond yields and a stronger dollar.

Here are five things to know about gold prices today: