Gold prices slipped on Wednesday (November 12), weighed down by a rebound in the US dollar and profit-booking after the metal touched a near three-week high in the previous session. The decline follows a strong rally fuelled by expectations that the US Federal Reserve could begin cutting interest rates as early as next month.

In India, 24-karat gold was priced at ₹12,551 per gram, 22-karat gold at ₹11,505, and 18-karat gold at ₹9,413, according to the India Bullion & Jewellers Association.

Silver traded at ₹160.10 per gram, or ₹1.60 lakh per kilogram

Globally, spot gold fell 0.5% to $4,107.41 per ounce as of 04:21 GMT, while US gold futures edged 0.1% lower to $4,113.80 an ounce.

Despite the minor dip, the metal remains comfortably above the $4,100 an ounce mark after Tuesday’s (Novemb

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