City-wise gold price per 10 gram:
In the global markets, gold prices slipped on Tuesday to hit a more than two-week low pressured by a stronger US dollar and higher treasury yields, according to a report by news agency Reuters. Spot gold fell 0.1 per cent to $1,710.03 per ounce and US gold futures declined 0.2 per cent to $1,711.10 per ounce. On Monday, gold prices fell to $1,704.90 per ounce which was the lowest level since March 12. US equities were lower owing to worries about a major US hedge fund, according to new agency Bloomberg. Traders will be closely watching several key reports on the US economy that are scheduled for this week including the Friday’s jobs report, where economists expect to see a big jump in hiring. However, most of the European equity markets traded higher due to the refloating of the Ever Given, the huge container ship blocking the Suez Canal for nearly a week. The refloating raised hopes of easing the global shipping backlogs.