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Yellow metal loses shine; falls by ₹900 to ₹98,900/10 gram
The New Indian Express Kozhikode
|June 25, 2025
GOLD prices tumbled ₹900 to ₹98,900 per 10 grams in the national capital on Tuesday because of the de-escalation in tensions in the Middle-East.
The expectations of a ceasefire between Iran and Israel reduced the precious metal's safe-haven appeal in the global market. The yellow metal of 99.9% purity had closed at ₹99,800 per 10 grams in the previous market session, while gold of 99.5% purity depreciated by ₹800 to ₹98,300 per 10 grams (inclusive of all taxes), according to the All India Sarafa Association.
This story is from the June 25, 2025 edition of The New Indian Express Kozhikode.
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