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The price of 22-carat gold on Thursday slid to Rs 47,410 for 10 gm from Rs 47,600 and silver was trading at Rs 71,300 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 down to Rs 47,500 per 10 gm. In Chennai, it slid to Rs 45,750. The rate in Mumbai was Rs 47,410, according to the website.
Prices for 24-carat gold witnessed a decline of Rs 190 per 10 gram to Rs 48,410
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