The price of 22-carat gold on Monday slid to Rs 46,160 for 10 gm from Rs 46,190 on Friday. Silver was up at Rs 67,900 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 at Rs 46,260 per 10 gm, while in Chennai, it fell Rs 60 to settle at Rs 44,460. The Mumbai rate was at Rs 46,160, according to the website.
The price for 24-carat gold edged lower to