(PTI) Gold price declined ₹640 to ₹59,220 per 10 grams in the national capital on Monday amid weak global trends, according to HDFC Securities.
The precious metal had ended at ₹59,860 per 10 grams on Friday.
Silver also tumbled ₹700 to ₹70,140 per kilogram.
"Spot gold prices in the Delhi market traded at ₹59,220 per 10 grams, down ₹640 per 10 grams," Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.
In the overseas market, both gold and silver were trading lower at USD 1,970 per ounce and USD 23.10 per ounce, respectively.
Gold prices traded lower in Asian trading hours on Monday.