The price of 22-carat gold on Wednesday slid to Rs 46,120 for 10 gm from Rs 46,220 on Tuesday. Silver was up at Rs 67,800 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 changes.
In New Delhi, the price of 22-carat gold was up by Rs 150 to settle at Rs 46,250 per 10 gm. In Chennai, it was up by Rs 50 to settle at Rs 44,400. The Mumbai rate is Rs 46,120, according to the website.
The price