Gold prices jumped on Tuesday to Rs 53,000 from Rs 52,700 per 10 gram, while silver fell to Rs 63,000 from Rs 66,050 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 51,800 per 10 gram, and in Chennai to Rs 51,030. In Mumbai, the rate was Rs 51,100 according to the Good Returns website. The price of 24-carat gold prices in Chennai was at Rs 55,600.
On MCX, August