Gold Rate Today: Gold prices rise as dollar retreats. Check price of yellow metal in Delhi, Ahmedabad, and other Indian cities

On the technical placement of the yellow metal, Neha Qureshi, Senior Technical & Derivative Analyst at Anand Rathi Commodities & Currencies said that gold on the 4-hour timeframe showed a descending triangle pattern and if it breaks below Rs 59,266, it could further drop to Rs 58,850.

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