 "Gold falls Rs 10, silver down Rs 100; yellow metal trading at Rs 77,880")
Gold Price Today: The price of 24-carat gold fell Rs 10 in early trade on Monday, with ten grams of the precious metal trading at Rs 77,880 according to the GoodReturns website. The price of silver fell Rs 100, with one kilogram of the precious metal selling at Rs 92,400.
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 71,390.
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Bengaluru, Chennai, and Hyderabad at Rs 77,880.
In Delhi, the price of ten grams of 24-carat gold stood at Rs 78,030.
In Mumbai, the price of ten grams of 22-carat gold is at par with Kolkata, Bengaluru, Chennai, and Hyderabad, at Rs 71,390.
In Delhi, the price of ten grams of 22-carat gold stood at Rs 71,540.
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The price of one kilogram of silver in Delhi is in line with prices in Mumbai, and Kolkata at Rs 92,400.
The price of one kilogram of silver in Chennai stood at Rs 99,900.
Gold prices in the US firmed on Monday as investors turned their focus on the Federal Reserve's meeting on Dec. 17-18, when it is widely expected to deliver its third interest rate cut this year.
Spot gold held ground at $2,649.53 per ounce, as of 0037 GMT. US gold futures eased 0.3 per cent to $2,668.00.
Spot silver was flat at $30.56 per ounce, platinum shed 0.2 per cent to $922.95, while palladium gained 0.5 per cent to $957.56
(With inputs from Reuters)