Gold prices declined on Tuesday as investors engaged in profit-booking, easing rates across major Indian cities. In Mumbai, the price of 24-carat gold was quoted at Rs 1,33,860 per 10 grams, while 22-carat gold was priced at Rs 1,22,700 per 10 grams. The rates are exclusive of goods and services tax (GST) and making charges.

Silver prices remained elevated, with the metal trading at Rs 1,99,100 per kg in the spot market.