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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 ₹1,01,610, according to the GoodReturns website. The price of silver also fell ₹100, with one kilogram of the precious metal selling at ₹1,19,900.
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,140.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,01,610.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,01,760.
In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹93,140.
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In Delhi, the price of ten grams of 22-carat gold stood at ₹93,290.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,19,900.
The price of one kilogram of silver in Chennai stood at ₹1,29,900.
US gold prices edged lower on Monday as the dollar crept higher, while increased US interest rate cut expectations following a dovish pivot from Federal Reserve Chair Jerome Powell lent support to bullion.
Spot gold was down 0.2 per cent at $3,364.25 per ounce, as of 0109 GMT, after hitting its highest since August 11 on Friday. US gold futures for December delivery eased 0.3 per cent to $3,409.80.
Elsewhere, spot silver was down 0.2 per cent at $38.09 per ounce, platinum fell 0.3 per cent to $1,356.95 and palladium slipped 0.6 per cent to $1,119.67.
(with inputs from Reuters)
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