Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, highlighted the factors behind the price drop, stating, "Gold's weakness persisted with prices falling below USD 2,550 and near Rs73,500 on MCX as the dollar climbed above 106.50 and edged closer to 107. The US CPI
In April 2024, Brent Crude Oil prices hovered around USD 89.4 per barrel, experiencing a slight ease due to concerns over global demand and a stronger dollar index.