Gold prices for December delivery fell ₹1,020 or nearly 1% to ₹1,49,370 per 10 grams on the Multi Commodity Exchange on Monday due to pressure from a stronger US dollar.
The US dollar index hovered near an 18-month high of 102.37 while benchmark US 10-year Treasury yields held around 5.2% amid persistent inflation and government borrowing pressures.
Comex gold futures traded marginally higher at USD 4,163.50 per ounce in New York, remaining supported above USD 4,150 following a weak US jobs report.