Gold Price Today: Yellow metal slips ahead of US inflation data; should you buy on dips?

Gold and silver futures slipped on MCX on Wednesday in line with international bullion prices, despite a weaker dollar index against a basket of six major currencies. Gold futures were trading at $2,038.50 per troy ounce and were down by $4.40 or 0.22%, while silver futures were trading at $25.840 per troy ounce or $0.058 or 0.220%.

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