(PTI) Gold price declined by ₹420 to ₹60,380 per 10 gram in the national capital on Thursday amid a fall in prices of the precious metal overseas, according to HDFC Securities.
The yellow metal had closed at ₹60,800 per 10 gram in the previous trade.
Silver, however, jumped ₹500 to ₹73,300 per kilogram.
"Spot gold prices for the Delhi market traded at ₹60,380/ per 10 gram, down by ₹420 per 10 gram," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
In the international markets, gold was quoting lower at USD 1,945 per ounce while silver was up at USD 23.65 per ounce.
Gold price came under pressure on the back of a rally in US bond yields on expectations of further tightening of the interest rates by the US Fed, Gandhi said.