Gold prices registered a slight decline in early trade on Monday, reflecting global market cues and rising expectations of a US Federal Reserve interest rate cut. The price of 24-carat gold fell by Rs 10, with ten grams trading at Rs 1,30,140. Silver also slipped by Rs 100 per kilogram, bringing its price to Rs 1,89,900.

The rate of 22-carat gold also dropped by Rs 10, with ten grams now selling at Rs 1,19,290 in most major cities. In Mumbai and Kolkata, the price of ten grams of 24-carat gold stood at Rs 1,30,140, while the 22-carat variant was priced at Rs 1,19,290. Delhi recorded a marginally higher price for 24-carat gold at Rs 1,30,290 per 10 grams, and the 22-carat variety was available at Rs 1,19,440. In Chennai, the price of 24-carat gold reached Rs 1,31,340 per 10 grams, and 22-carat gold was priced at Rs 1,20,390. Bengaluru and Hyderabad continued to match Mumbai’s rates for 22-carat gold at Rs 1,19,290 per 10 grams.