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The price of 10 gm of 22-carat gold on Thursday slid to Rs 47,120 per from Rs 47,300 and silver tanked to Rs 66,600 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 changes.
In New Delhi, the price of 22-carat gold is down to Rs 47,050 per 10 gm. In Chennai, it dropped to Rs 45,300. The rate in Mumbai is Rs 47,120, according to the website.
Prices for 24-carat gold witnessed a decline of Rs 180 per 10 gram to
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