Gold price inches lower to Rs 47,000 per 10 gm, silver at Rs 69,800 a kg

Gold price today fell to Rs 47,000 per 10 gm from Rs 47,340. Silver price soared to Rs 69,800 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 stayed at Rs 46,400 per 10 gm, while in Chennai it was at Rs 44,570-- down from yesterday's rate of Rs 44,690. In Mumbai, the price od 22-carat gold decreased by Rs 340 to Rs 46,000. The price of 24-carat gold in Chennai also slipped by Rs 120