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Gold prices in Delhi gain momentum amid equity market volatility

Gold prices in Delhi gained momentum as equity market weakness revived safe haven demand.
Gold prices in Delhi gained momentum today as investors sought safety amid equity market weakness. 24K gold traded at ₹15,899 per gram, while 22K gold stood at ₹14,575 per gram. Lower purity 18K gold was priced at ₹11,928 per gram.Market participants said early year equity declines revived interest in gold, despite prices moving in a tight range in recent years across domestic investment portfolios.