Gold prices slipped by -0.51% to settle at ₹77,317 per 10 grams as a stronger dollar spurred profit-taking. The greenback held firm near two-year highs on expectations of prolonged higher U.S. interest rates and concerns over potential tariffs from the incoming Trump administration. Weekly jobless claims data highlighted the resilience of the U.S. labor market, dampening gold‘s appeal as a safe-haven asset.
Gold dropped as firmer dollar spurred some profit taking after new weekly jobless claims data.www.thealgotechnology.com
