The price of 22-carat gold on Saturday slid to Rs 45,390 for 10 gm from Rs 45,780 on Friday. Silver was at Rs 61,600 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 charges.
In New Delhi, the price of 22-carat gold was down at Rs 45,550 per 10 gm. In Chennai, it declined to Rs 43,710. The Mumbai rate is Rs 45,390, according to the website.
The price for 24-carat gold edged lower to Rs 46,390 per 10 gm on