Gold prices jumped on Monday to Rs 51,160 from Rs 51,150 per 10 gram, while silver climbed to Rs 61,210 from Rs 61,200 per kilogram, according to Good Returns website.
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
In New Delhi, the price of 22-carat gold rose to Rs 49,960 per 10 gram, and in Chennai to Rs 49,910. In Mumbai, the rate was Rs 48,700, according to the Good Returns website. The price of 24-carat gold prices in Chennai was at Rs 53,480.
On MCX, August