Gold price today: Yellow metal plunges over Rs 3,600; check 24K, 22K city-wise rates

Gold prices experienced a significant drop in futures trade, influenced by a stronger US dollar and global market weakness. Rising US Treasury yields and inflation data further pressured the precious metal, making it less attractive as a safe-haven asset. This decline was reflected across major Indian cities, with varying degrees of reduction in gold rates.

By TOI BUSINESS DESK