New Delhi, Dec 4: Gold prices fell by Rs 600 to Rs 1,31,600 per 10 grams in the national capital on Thursday, following weak global trends and investor caution ahead of the US Federal Reserve’s policy meeting next week.

The precious metal of 99.9 per cent purity had closed at Rs 1,32,200 per 10 grams on Wednesday.

Silver extended its losses for the second straight day, depreciating by Rs 900 to Rs 1,80,000 per kilogram (inclusive of all taxes) from the previous close of Rs 1,80,900 per kg.

“Gold prices retreated on Thursday amid a lack of follow-up buying and a cautious tone among market participants ahead of next week’s Federal Open Market Committee policy decision,” Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said.

Globally, spot gold slipped by 0.15 per cent to U

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