Dollar's gains against its peers restricted the ascent of gold in global markets. The dollar held steady on Tuesday, hovering close to its 2019 high as US-Sino trade tensions and global growth worries underpinned the greenback's safe-haven appeal, Reuters reported.
A strong dollar means gold price will depreciate as the commodity becomes dearer in other currencies, causing a fall in its demand.
The MCX Gold was trading at Rs 32953 per 10 grams, down by Rs 93 around 11 am.
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