The Sen Times

Gold slides Rs 1,600 to Rs 1.52 lakh per 10 gm as oil surge, firm dollar deepen bullion selloff

New Delhi, Sep 24 (PTI) Gold prices declined Rs 1,600 to Rs 1.52 lakh per 10 grams in the national capital on Thursday, extending the losing streak for the fourth consecutive session, as the rising US dollar and higher crude oil prices weighed on the precious metal. The yellow metal of 99.9 per cent purity depreciated by Rs 1,600 to Rs 1,52,400 per 10 grams, inclusive of all taxes, from Wednesdays closing level of Rs 1.54 lakh per 10 grams, according to local traders. Silver, meanwhile, saw a downward momentum after remaining unchanged for the past two sessions, tumbling Rs