(PTI) Gold prices declined by ₹100 to ₹60,200 per 10 grams in the national capital on Monday amid weak global cues, according to HDFC Securities.
In the previous trade, the precious metal had closed at ₹60,300 per 10 grams.
Silver also declined by ₹200 to ₹74,800 per kg.
In the international market, gold and silver were down at USD 1,938 per ounce and USD 23.50 per ounce, respectively.
Gold resumed trading on a negative note on the back of strength in the dollar index, and hawkish remarks from an FOMC member suggested that additional rate hikes would be possible, Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said.