In previous trading, the yellow metal was closed at Rs 49,874 per 10 grams.
The rupee appreciated 14 paise to 79.64 against the US dollar on Monday in early trading, in line with its Asian counterparts and as the US currency pulled back from its elevated levels.
In the international market, gold was trading lower at $1,662 an ounce, while silver remained flat at $19.28 an ounce.
Gold price extended losses as solid dollar and speculation ahead
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