Gold prices declined on Thursday, impacted by a stronger US dollar (Photo source Freepik) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Gold prices declined by Rs 600 to Rs 1,26,700 per 10 grams in the national capital on Thursday due to weak global trends and a firm US dollar, according to marketmen.

The precious metal of 99.5% purity decreased by Rs 600 to Rs 1,26,100 per 10 grams (inclusive of all taxes).

Silver prices slumped by Rs 2,000 to Rs 1,58,000 per kilogram (inclusive of all taxes).

'Gold prices declined on Thursday, impacted by a stronger US dollar and diminished safe-haven demand following reports of renewed US efforts to end the war in Ukraine,' Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.

Gandhi noted that market sentiment fur

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