Gold price falls to Rs 1.6 L/10g

New Delhi, Feb 12: Gold prices fell by Rs 400 to Rs 1.6 lakh per 10 grams in the national capital on Thursday amid weak global trends and receding expectations of an interest rate cut by the US Federal Reserve. According to the All India Sarafa Association, gold of 99.9 per cent purity declined Rs 400, or 0.25 per cent, to Rs 1,60,900 per 10 grams. (PTI)