Gold loses glitter as prices tumble, hurting demand

Gold loses glitter as prices tumble, hurting demand

Gold prices have tumbled to a four-year low as the US dollar gains against major global currencies, hurting demand for the yellow metal.

Print Edition: 07 Dec, 2014

Photo for representation purposes only. (Source: Reuters)

Photo for representation purposes only. (Source: Reuters)

Gold prices have tumbled to a four-year low as the US dollar gains against major global currencies, hurting demand for the yellow metal.

International gold prices

International gold prices

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Nifty outperforms gold

Nifty outperforms gold

Gold ETFs

Gold ETFs

Global gold demand

Global gold demand

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(Research: Niti Kiran; Graphics: Amit Sharma; Illustration: Raj Verma)