Gold prices fell sharply this week as rising oil prices, inflation concerns and expectations of tighter US monetary policy pressured bullion. MCX futures dropped around 3.5%, while Chennai retail 24K gold prices declined 3.85% to ₹1,42,480 per 10 grams.
Gold rates in Chennai city crash this week: Can yellow metal rebound ahead of Diwali - Key levels to watch in future?
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