Gold price on Monday was slightly higher at Rs 45,710 per 10 gm compared to Rs 45,700 in the previous session.
In New Delhi, the price of 22-carat gold is at Rs 45,660 per 10 gm, while in Chennai it rose to Rs 43,750.
Both Fed Chair Powell and US Treasury Secretary Yellen have shared their optimism about economic growth this year, hurting gold.
Gold is the biggest under-performer for the first three months of 2021 vs the other asset classes.
Gold prices are down by 11 per cent in Rs, and 10 per cent in $ in the last three months.
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