
Gold resumed its selling spree today amid firm US dollar and lack of buying. COMEX Gold futures recovered yesterday amid good bargain buying as trader

Gold and silver prices are expected to slip further on the back of rise in US dollar, feel experts

Gold prices may correct further as rising bond yields and positive outlook on economic growth seems to have faded the demand for gold, say experts

The increase in commodity prices would translate into higher manufacturing cost which in turn would lead to rise in CPI

The precious metal has been under pressure since the start of this year amid hopes of faster global economic recovery and rising US bond yields

The precious metal had closed at Rs 46,313 per 10 grams on February 24

One must wait for some more correction to buy gold as the the rising bond yields may continue to cap upside: Expert

The demand for the yellow metal therefore may remain elevated as it considered a hedge against inflation and currency debasement, expert said.

"Spot gold prices for 24 karat gold at Delhi traded up by Rs 337 reflecting overnight gains in global gold prices," said Tapan Patel, HDFC Securities

The precious metal had closed at Rs 45,735 per 10 grams in the previous trade