India Gold Drops on Stronger Rupee

Reuters reported that India gold prices fell from a record as the rupee strengthened.

As quoted in the market news:

Most-active gold for August delivery on the Multi Commodity Exchange (MCX) was 0.81 percent lower at 29,821 rupees per 10 grams, falling from the previous day’s record of 30,295 rupees.

Click here to read the full Reuters report.