New Delhi, Jan. 11 -- After soaring to highest rate in nearly seven years, the gold prices finally fell to Rs 39,760 per 10 gram.

On January 10 the rate without GST for gold (purity-999) is Rs 39,760 while for gold with purity-995 is Rs 39,601 while the silver prices also saw a drop to Rs 46,180 per kg from Rs 46,375 per kg.

On the Multi Commodity Exchange, gold prices for delivery in February fell by Rs 182, or 0.46 per cent, to Rs 39,648 per 10 gram in a business turnover of 1,857 lots. The yellow metal for April delivery fell by Rs 178, or 0.45 per cent, to Rs 38,822 per 10 gram in 207 lots.

Globally, equities have rallied after US President Donald Trump responded to Iran's missile attacks with sanctions instead of military action....