Gold rate dips today

Gold rate dips today

Gold dipped on Friday on profit-booking and as investors preferred to sit on cash while coronavirus cases continued to rise in India.

With businesses shut in several cities in India amid the rising threat of coronavirus, investors are wary of betting on any asset class.

Gold futures were down 0.99 percent or Rs 429 to Rs 43,113 per 10 grams. Silver futures were up 0.02 percent or Rs 7 to Rs 41,329 per kg.