The price of ten grams of 22 carat gold also went down by Rs 100 to trade at Rs 52,000.
The price of ten grams of 22 carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 52,000.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 52,150, Rs 52,050, and Rs 52,750, respectively.
The price of ten grams of 24 carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabadm at Rs 56,730.
The price of ten grams of 24 carat gold in Delhi, Bengaluru, and Chennai is Rs 56,880, Rs 56,780, and Rs 57,550, respectively.
Spot gold fell 0.5% to $1,832.78 per ounce by 2:21 p.m. ET (1921 GMT). US gold futures slipped 0.4% to settle at $1,842.50.
Silver rose 0.3% to $21.80 per ounce, platinum gained 1.7% to $942.08, and palladium climbed 0.7% to $1,520.85.
The price of 1 kg of silver in Bengaluru, Chennai, and Hyderabad is Rs 71,700.
(With inputs from Reuters)