Delhi Gold Prices Fall ₹650 Amid Weak Global Cues

Gold became cheaper in Delhi on Monday.

Its price fell by ₹650 for every 10 grams.

Experts said gold prices were affected by weaker prices in overseas markets.

Strong US jobs data made investors think the Federal Reserve might raise interest rates in September.

Higher interest rates can make gold less attractive to some investors.

People are now waiting for new US inflation reports later this week.

These reports may provide clues about future Federal Reserve decisions.

Silver prices in Delhi did not change, even though international silver prices fell.