Gold Price Today, 05 June 2021: Gold prices drop, right time to put your money on yellow metal?

Gold prices have plummeted to a near two-week low, thanks to the positive US economic data which gave a shot in the arm to dollar and bond yields. 

New Delhi: 24-carat gold rates in Delhi declined slightly to Rs 48,950 per 10 gram on Saturday (June 5) while Silver prices increased by Rs 800 to Rs 71,600 per kilogram. Meanwhile, the 22-carat gold is retailing at Rs 47,950 per 10 gram in the national capital.  Gold prices have plummeted to a near two-week low, thanks to the positive US economic data which gave a shot in the arm to dollar and bond yields. The data coming just before the announcement of the much-awaited May non-farm payroll numbers is further leading to a fall in gold prices. Also Read: Centre gives final notice to Twitter for compliance with new IT rules