Gold price today: 48,350 per 10 gm, silver declines to Rs 48,600 a kg

In New Delhi, the price of 22-carat gold slid to Rs 47,150 per 10 gram, while in Chennai it is Rs 46,540

Gold prices on Friday fell to Rs 48,350 from Rs 48,750 per 10 gram, while silver declined to Rs 48,600 from Rs 50,050 per kilogram, according to Good Returns website.

Gold jewellery price varies 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 also slid to Rs 47,150 per 10 gram, while in Chennai it is Rs 46,540. In Mumbai, the rate is Rs 46,330, according to the Good Returns website. The price of 24-carat gold prices in Chennai is Rs 50,940. 

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