Globally, gold prices fell as reinforced expectations of an increase to US interest rates next month pushed the dollar higher. Photo: Associated PressMumbai: Gold prices extended losses for the second session at the bullion market here today following selling from stockists amid reduced local buying interest driven by a fall in International markets. Pure gold (99.9 purity) also fell by a similar margin to end at Rs 29,345 per 10 grams compared to Rs29,450. Also Read| Gold prices rise by Rs250 on global cues, buying by jewellers for prices in Delhi’s bullion marketSpot gold was down 0.7% at $1,229.60 an ounce at early trade, but has still gained more than 6% since the start of the year. Elsewhere, silver fell 0.8% to $17.86 an ounce.

Source: Mint February 21, 2017 12:53 UTC