Gold prices retreated on Monday as traders locked in profits after recent record highs, with attention shifting to a key U.S.
At around 10 AM, it was trading at Rs 86,069 per 10 grams - 0.07 per cent higher than the previous close of Rs 86,010.
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Gold prices dropped by $23 per ounce in the international market, reflecting a similar decline in local gold markets.
Gold is a precious metal and is considered an attractive investment option. The gold prices in India fluctuate as per market situation and are keenly monitored during the time of trading.