Gold prices inched marginally lower on Monday, giving up its gains as the bullion was caught between a dip in the dollar and fears that the US Federal Reserve would start paring stimulus this year despite weak jobs data.
Gold futures on MCX were down 0.23 per cent, or Rs 108, at Rs 46,929 per 10 gram. On the other hand, silver futures marginally eased 0.08 per cent or Rs 50 at Rs 61,751 per kg. Gold prices traded firm, before paring gains. Gold prices rallied after disappointed US job numbers.
However, prices capped upside with a surge in US bond yields. US Treasury yields were trading higher. In the spot market, highest purity gold was sold at Rs 46,980 per 10 gram while silver was priced at Rs 61,080 per kg on Friday, according to the Indian Bullion and Jewellers Association.
The spot price of the yellow metal remained almost flat in the last couple of weeks, whereas silver too eased during the period under review.
Check Gold price in your city
• Gold rate in Mumbai is Rs 45,940 per 10 gram of 22-carat.
• Gold price in Delhi is Rs 46,060 per 10 gram of 22-carat.
• In Chennai, gold rate is Rs 44,390 per 10 gram of 22-carat.
• Gold rate in Kolkata is Rs 46,400 per 10 gram of 22-carat.
• In Bengaluru, gold price is Rs 43,900 per 10 gram of 22-carat.
• Gold price in Hyderabad is Rs 43,900 per 10 gram of 22-carat.
• In Kerala, gold rate is Rs 43,900 per 10 gram of 22-carat.
• Gold price in Pune is Rs 45,170 per 10 gram of 22-carat.
• Gold rate in Ahmedabad is Rs 44,980 per 10 gram of 22-carat.
• Gold price in Jaipur is Rs 45,800 per 10 gram of 22-carat.
• Gold rate in Lucknow is Rs 44,600 per 10 gram of 22-carat.
• Gold price in Patna is Rs 45,170 per 10 gram of 22-carat.
• Gold rate in Nagpur is Rs 45,940 per 10 gram of 22-carat.
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