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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 ₹1,04,940, according to the GoodReturns website. The price of silver also fell ₹100, with one kilogram of the precious metal selling at ₹1,24,900.
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹96,190.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,04,940.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,05,090.
In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹96,190.
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In Delhi, the price of ten grams of 22-carat gold stood at ₹96,340.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,24,900.
The price of one kilogram of silver in Chennai stood at ₹1,34,900.
US gold prices rose to a more than four-month high on Monday, as increased expectations of a US Federal Reserve interest rate cut this month lifted bullion's allure.
Spot gold was up 0.3 per cent at $3,457.16 per ounce, as of 0200 GMT, hitting its highest point since April 23.
Elsewhere, spot silver rose 1.1 per cent to $40.11 per ounce, platinum gained 0.8 per cent to $1,374.95 and palladium climbed 0.4 per cent to $1,114.
(with inputs from Reuters)
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