Gold price on Wednesday inched up to Rs 47,230 from Rs 47,000, while silver price rose by Rs 400 to trend at Rs 70,200 per kg, according to the Good Returns website.
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to differing excise duty, state taxes, and making changes in different states.
In New Delhi, the price of 22-carat gold remained unchanged at Rs 46,400 per 10 gm, while in Chennai it increased to Rs 44,640. In Mumbai, the rate jumped to Rs 46,230, according to the Good Returns website. The price of 24-carat gold