Gold's outperformance over equity has been even better in the international market, thanks largely to a big sell-off in equities in advanced economies such as the US and Western Europe
Spot gold dropped 1.5% to $1,647.80 per ounce by 1319 GMT. U.S. gold futures lost 1.4% to $1,6544.50.
The US Consumer Price Index (CPI) data due at 1230 GMT is forecast to come in at a hot 8.1% year-on-year in September
Silver is down by Rs 400 and is trading at Rs 58,500 per kg today
Gold prices were steady as market participants refrained from making big moves ahead of key US inflation reading that could influence the size of the Federal Reserve's next interest rate hike
Gold prices edged higher on Wednesday helped by a slight pullback in the dollar, as investors look to minutes from the U.S. Federal Reserve's September policy meeting
Gold prices inched lower as traders looked forward to US Federal Reserve minutes and key inflation data for clues on the pace of future interest rate hikes.
Silver prices are down by Rs 600 and is trading at Rs 58,900 per kg
Spot gold eased 0.2% to $1,664.13 per ounce, as of 0927 GMT, after earlier touching its lowest since Oct. 3
In Mumbai and Kolkata, 24-carat gold is selling at Rs 51,930 per 10 gram
The dollar index hit a more than one-week peak, making gold more expensive for buyers holding other currencies
Gold prices fell to a one-week low on Monday, as solid US jobs data boosted expectations that the Federal Reserve will continue to deliver oversized rate hikes
The MCX Silver futures were seen testing the 200-DMA after a gap of almost six months and could move to Rs 63,900-level in the near term.
Silver prices are unchanged, trading at Rs 60,800 per kg today
Logistical issues, rising rates make gold less attractive as an investment in the West. As a result, gold and silver are selling at unusually high premiums in Asia
Local gold prices hit Rs 52,093 per 10 grams, the highest since August 16, and to lure buyers, dealers offered discounts up to $6 an ounce over official prices
Ten grams of 22-carat gold is trading at Rs 47,850, after a decline of Rs 100
In Mumbai and Kolkata, 24-carat gold is selling at Rs 51,660 per 10 gram
The dollar index edged 0.2% higher, after the unit shed 1.3% overnight to mark its biggest drop since March 2020
Gold and silver prices edged significantly higher in early trade with 10 gram of the yellow metal (24-carat) trading at Rs 51,660