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Gold, silver unchanged in early trade; yellow metal at Rs 51,150 per 10 gm

In Delhi, Mumbai, and Kolkata, 10 gram of 24-carat gold is selling at Rs 51,210

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Gold on Monday edged lower, continuing to weigh on demand for greenback-priced bullion.

BS Web Team New Delhi
Gold and silver prices remain unchanged in Monday's early trade as 10 gram of 24-carat of yellow metal is currently trading at Rs 51,210. Silver, on the other hand, is selling at Rs 57,200 per kilogram on Monday. 

Meanwhile, 10 gram of 22-carat gold is trading at Rs 46,950. 

In the US, as the dollar steadied near a 20-year peak, gold edged lower, continuing to weigh on demand for greenback-priced bullion. Gold is seen as a hedge against inflation, and a safe-haven asset during economic crises, like a recession. However, higher interest rates and bond yields increase the opportunity cost