 "gold")
Gold rices on Wednesday dropped to Rs 49,117 fom Rs 49,247 per 10 gram while silver prices fell Rs 438 to settle at Rs 51,355 per kg, according to Indian Bullion and Jewellers Association.
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 47,750 per 10 gram. 24-carat in the national capital was retailing at Rs 48,950. In Chennai 22-carat traded at Rs 46,910 while the price of 24-carat gold prices in Chennai was at Rs 51,170.
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