Gold prices on Wednesday jumped marginally to Rs 54,004 per 10 gram while prices of silver declined to Rs 64,735 from Rs 64,925 per kg, according to Indian Bullions and Jewellers Association.
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 52,450 per 10 gram. Gold in 24 carat in the national capital was retailing at Rs 53,750. In Chennai 22-carat climbed steadily to Rs 52,080 while the price of 24-carat gold price in Chennai was at