(PTI) Gold price remained flat at ₹60,050 per 10 grams in the national capital on Monday, according to HDFC Securities.
However, silver tumbled ₹450 to ₹75,350 per kilogram.
In the international markets, both gold and silver were down at USD 1,922 per ounce and USD 23.45 per ounce, respectively.
Strength in dollar index, following recent strong US macro data and hawkish remarks from Federal Reserve's FOMC policy meeting, which weighed on gold prices, Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.
Meanwhile, in futures trade, the October contract of gold declined ₹102 to ₹58,844 per 10 grams. Also, December contract of silver plunged ₹171 to ₹73,166 per kg on the MCX.
Sovereign Gold Bonds (SGBs) are government securities denominated in gold with one gram as a basic unit.
First Published: 25 Sep 2023, 04:39 PM IST