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Gold prices today: Check out prices across major cities in India

Gold prices dipped slightly on Tuesday as reduced chances of a US Fed rate cut, easing geopolitical tensions, and a stronger dollar affected investor sentiment. Mumbai and Delhi saw minor variations, while major cities reported steady demand for 22-carat and 24-carat gold

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Representational Image. File Pic

Representational Image. File Pic

Gold prices fell marginally on Tuesday as slight chances of a US Federal Reserve rate cut and easing geopolitical tensions weighed on investor sentiment. In terms of the global market, a stronger US dollar also added pressure on the precious metal.

On the Multi Commodity Exchange (MCX), gold December futures dropped 1 per cent to Rs 1,22,950 per 10 grams. However, the price of 10 grams of gold was recorded at Rs. 1,25,970 for 24-carat gold in Mumbai. 

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