Gold Prices Decline As Global Equity Markets Recover; Silver Stays Flat

On Tuesday, gold prices across Indian cities slipped after a slight recovery in the equity markets around the world.

In the international market, the precious metal eased after hitting a one-month high in the previous session as US treasury yields and share markets recovered. This reduces the appeal of the bullion as a safe haven metal, pulling its price down.

Spot gold fell by 0.2 percent to $1,319.86 an ounce.

{photo-feature}