Gold price declined to Rs 46,750 per 10 gm on Friday, while Silver price was trending at Rs 70,200 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.
In New Delhi, the price of 22-carat gold dropped by Rs 350 to Rs 45,550 per 10 gm, while in Chennai it slipped by Rs 450 to Rs 43,720. In Mumbai, the rate decreased to Rs 45,750 according to the website. The price of 24-carat gold in Chennai also plunged by Rs