The price of 24-carat gold remained unchanged during Monday's early trade, with ten grams of the precious metal selling at Rs 60,380 according to the GoodReturns website. Silver price also remained flat with 1 kg of the precious metal selling at Rs 77,000.
The price of 22-carat gold remained unchanged and the yellow metal is selling at Rs 55,350.
The price of ten grams of 24-carat gold in Kolkata is at par with that in Hyderabad, at Rs 60,410, whereas, 10 grams of 24-carat gold in Mumbai is trading at Rs 60,380.
The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 60,530, Rs 60,410, and Rs 60,710, respectively.
The price of ten grams of 22-carat gold in Mumbai is at par with that of gold in Kolkata and Hyderabad, at Rs 55,350.
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The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 55,400, Rs 55,250, and Rs 55,500, respectively.
Spot gold may fall towards a support at $1,942 per ounce, as it seems to have completed a bounce triggered by this level.
One kg of Silver in Mumbai and Delhi is trading at Rs 77,000.
The price of 1 kg of silver in Chennai and Hyderabad is Rs 80,000.
(With inputs from Reuters)