The price of 24-carat gold remained unchanged in early trade on Monday, with ten grams of the precious metal selling at Rs 63,050, according to the GoodReturns website. The price of silver was also unchanged, with one kilogram of the precious metal selling at Rs 75,500.
The price of 22-carat gold remained stable, with the yellow metal selling at Rs 57,800.
Click here to follow our WhatsApp channel
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 63,050.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 63,200, Rs 63,050, and Rs 63,550, respectively.
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 57,800.
In Delhi, Bengaluru, and Chennai, ten grams of 22-carat gold are selling at Rs 57,940, Rs 57,800, and Rs 58,250, respectively.
US gold prices steadied on Monday as traders braced for fresh data on US economic growth and the Federal Reserve’s preferred inflation gauge due later this week, ahead of the central bank’s interest rate verdict next week.
Spot gold edged 0.1 per cent higher to $2,030.87 per ounce by 0116 GMT.
Spot silver rose 0.1 per cent to $22.63 per ounce, platinum climbed 0.4 per cent to $902.21, and palladium gained 0.4 per cent to $950.47.
In Delhi and Mumbai, one kilogram of silver is currently trading at Rs 75,500.
In Chennai, one kilogram of silver is trading at Rs 77,000.
(with inputs from Reuters)