Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Monday, with ten grams of the precious metal trading at ₹98,820 according to the GoodReturns website. The price of silver also went down by ₹100, with one kilogram of the precious metal selling at ₹1,09,900.
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹90,590.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹98,720.
In Delhi, the price of ten grams of 24-carat gold stood at ₹98,820.
In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹90,590.
In Delhi, the price of ten grams of 22-carat gold stood at ₹90,740.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,09,900.
The price of one kilogram of silver in Chennai stood at ₹1,19,900.
US gold prices dropped on Monday after US President Donald Trump signalled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal.
Spot gold fell 0.6 per cent to $3,314.21 per ounce by 0232 GMT. US gold futures were down 0.6 per cent to $3,322.
Spot silver fell 0.8 per cent to $36.81 per ounce, platinum shed 0.8 per cent to $1,380.55 and palladium lost 1 per cent at $1,123.31.
(with inputs from Reuters)