New Delhi, March 19 -- Gold price today in India nosedived during Thursday's trading session following the announcement of the US Federal Reserve's policy decision.

The Fed kept its interest rate unchanged for a second time in a row, resulting in an immediate fall in the price of gold on 19 March. On MCX, gold prices are hovering around Rs.1,48,000 per 10 grams, a fall of over 3% in comparison to yesterday's closing prices. Spot gold fell 1.1% to $4,764.27 per ounce as of 0649 GMT, its lowest since 6 February.

Here are the gold rates today in Delhi, Mumbai, Kolkata, Chennai, Bengaluru and other cities.

Gold price in Mumbai today fell, in line with the overall gold rate in India. The 24 karat gold price in Mumbai was Rs.1,48,670 per 10 ...