(PTI) Gold price in the national capital fell ₹40 to ₹50,833 per 10 grams on Monday amid a fall in the precious metal prices in the overseas market, according to HDFC Securities.
In the previous trade, the yellow metal had touched ₹50,873 per 10 grams.
Silver also declined by ₹594 to ₹56,255 per kilogram from ₹56,849 per kg.
In the international market, gold was quoting lower at USD 1,655.75 per ounce while silver was down at USD 18.55 per ounce.
"The precious metal is down about 20 per cent since this year's peak in March. Spot COMEX gold last traded at USD 1,655.75 an ounce," said Dilip Parmar, Research Analyst at HDFC Securities.