(PTI) Gold price fell by ₹50 to ₹60,000 per 10 grams in the national capital on Monday, according to HDFC Securities.
In the previous trade, the precious metal had closed at ₹60,050 per 10 grams.
However, silver climbed ₹500 to ₹74,400 per kilogram.
"Domestic market gold price trends can diverge from international markets due to the rupee's volatility," Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.
In the overseas market, gold and silver traded higher at USD 1,924 per ounce and USD 23.10 per ounce, respectively.
"Gold inched higher on Monday in the early morning trade, after reporting a weekly loss, supported by a retreat in the dollar and expectations regarding a pause in the next Fed meet," Navneet Damani, senior vice-president of commodity research at Motilal Oswal Financial Services, said.