Gold price on Wednesday jumped by Rs 490 to Rs 46,950 per 10 grams, while silver price was trending at Rs 70,500 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 rose by Rs 590 to Rs 46,000 per 10 gm, while in Chennai it has inched up to Rs 44,280, up Rs 500. In Mumbai also, the rate increased by Rs 490 to Rs 46,950 according to the Good Returns website. The price of 24-carat