Gold prices jumped on Monday to Rs 53,460 from Rs 53,450 per 10 gram, while silver fell to Rs 65,120 from Rs 65,110 per kilogram, according to Good Returns website.
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 52,260 per 10 gram, and in Chennai to Rs 51,790. In Mumbai, the rate was Rs 52,500 according to the Good Returns website. The price of 24-carat gold prices in Chennai was at Rs 56,500.
On MCX, August