Gold prices in India today slumped to Rs 1,22,320, after the festive season (Photo source: Vijay Sartape/NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Gold prices in India today slumped to Rs 1,22,320, after the festive season. On Tuesday, Gold prices slid the most in 12 years after a weeks-long furious rally.

Bullion's record high prices fell by as much as 6.3% after hitting a fresh peak of $4,381.52 an ounce the previous day. A confluence of factors dragged down the precious metal including positive trade talks between China and the US, a stronger dollar, overstretched technicals, and uncertainty on investor positioning due to the government shutdown were factors cited for the price drop on the gloabl scale. While in India, the end of the seasonal buying

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