New Delhi, Nov. 15 -- Gold price in Meerut today, 15 November: Price of the yellow metal slumped Rs.6,611 per 10 grams over the past three days in Meerut, as per India Bullion and Jewellers Association (IBJA), local publication Amar Ujala reported. Price of 24-carat gold in the Uttar Pradesh city reached Rs.1,35,809/10 grams on Saturday, it added.

Spot gold price globally has crashed by 4.5% this week - the most since June, amid investor concern that the United States Federal Reserve could hike interest rates and higher oil prices could push inflation, Bloomberg reported.

Spot gold moved up 0.1% at $3,879.71 per ounce as of 1905 GMT, after briefly touching a session high of $3,922.97 when the US Producer Price Index (PPI) data came out,...