Gold rate today: Yellow metal choppy, silver slips below Rs 71,500.

Globally, gold prices edged lower on Monday as an uptick in the dollar dented the metal’s appeal. although lower US bond yields and prospects of a prolonged accommodative interest rate environment limited losses. Spot gold was down 0.2 per cent at $1,886.76 per ounce as of 0308 GMT, after rising more than 1 per cent in the previous session, as US May non-farm payrolls fell short of expectations. The yellow metal, traded choppy in the domestic market while silver slipped below Rs 71,500.

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