Gold falls Rs 114; silver declines Rs 136

Gold in the national capital on Monday declined by Rs 114 to Rs 50,561 per 10 grams amid decline in international precious metal prices, according to HDFC Securities.

In the previous trade, the yellow metal settled at Rs 50,675 per 10 grams.

Silver also declined by Rs 136 to Rs 56,760 per kg from Rs 56,896 per kg in the previous trade.

"Spot gold prices for 24-carat gold in Delhi fell by Rs 114 in line with decline in COMEX gold prices," said Tapan Patel, Senior Analyst (Commodities) at HDFC Securities.

In the international market, gold was quoting lower at USD 1,737 per ounce while silver was flat at USD 19.17 per ounce.