(PTI) Gold prices fell by ₹100 to ₹60,350 per 10 grams in the national capital on Monday amid a decline in the precious metal in global markets, according to HDFC Securities.
The precious metal had closed at ₹60,450 per 10 grams in the previous trade.
Silver also dropped by ₹300 to ₹76,700 per kilogramme.
In the global market, gold and silver were quoting lower at USD 1,955 per ounce and USD 24.25 per ounce, respectively.
Gold struggle to find direction after mixed US economic data that clouded the outlook for the Federal Reserve's likely rate path amid conjecture on whether its economy is running too hot or too cold.
The dollar index sustained above the 101 level and is currently trading up by 0.11 per cent at 101.51 which also put pressure on precious metals, Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.