Gold price in the national capital on Tuesday plunged by ₹ 302 to ₹ 46,814 per 10 grams, reflecting an overnight decline in international precious metal prices, according to HDFC Securities.
In the previous trade, the precious metal settled at ₹ 47,116 per 10 grams.
Silver also declined by ₹ 597 to ₹ 60,625 per kg from ₹ 61,222 per kg in the previous trade.
"Spot gold prices for 24 carat at Delhi plunged by ₹ 302 reflecting overnight decline in COMEX gold prices," HDFC Securities, Senior Analyst (Commodities), Tapan Patel said.
In the international market, gold was trading at $ 1,804 per ounce and silver was flat at $ 22.83 per ounce.