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Gold Price Today: The price of 24-carat gold declined Rs 10 in early trade on Monday, with ten grams of the precious metal trading at Rs 73,350, according to the GoodReturns website. The price of silver also slipped Rs 100, with one kilogram of the precious metal selling at Rs 86,900.
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 67,240.
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 73,350.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 73,500, Rs 73,350, and Rs 73,630, respectively.
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 67,240.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 67,390, Rs 67,240, and Rs 67,490, respectively.
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The price of one kilogram of silver in Delhi is in line with the silver price in Mumbai and Kolkata at Rs 86,900.
The price of one kilogram of silver in Chennai stood at Rs 90,400.
US gold prices edged higher on Monday, as weak US employment figures boosted bets of an interest rate cut from the Federal Reserve.
Spot gold was up 0.1 per cent at $2,361.69 per ounce, as of 0021 GMT. Bullion prices hit a more than two-week high on Friday.
Spot silver rose 0.2 per cent to $28.20 per ounce, platinum fell 0.3 per cent to $991.53 and palladium lost 0.6 per cent to $971.71.
(With inputs from Reuters)
