Gold price fell by Rs 250 to Rs 44,430 per 10 gm on Wednesday, while Silver price trended at Rs 66,500 per kg, according to the Good Returns website.
In New Delhi, the price of 22-carat gold dipped Rs 350 to Rs 43,800 per 10 gm, while in Chennai it fell by Rs 170 to Rs 42,040. In Mumbai, the rate fell to Rs 43,430, according to the website. The price of 24-carat gold in Chennai was Rs 45,860 per 10 gm.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes,