Gold prices witnessed a slight dip on Monday morning, bringing some relief to buyers. The price of gold fell by ₹60 per gram and ₹480 per sovereign in the local market.With the revised rates, the price of one sovereign (8 grams) of standard 22-karat gold now stands at ₹72,000, while a single gram is priced at ₹9,000. In the case of pure 24-karat gold, the rate per gram is now ₹9,818.
Silver prices also remained steady, with one kilogram of silver priced at ₹1,20,000 and a gram costing ₹120.
Jewellery traders and market analysts expect fluctuations to continue in the coming days, influenced by global market trends and domestic demand.