The price of 22-carat gold on Tuesday slumped to Rs 47,510 for 10 gm from Rs 48,230 and silver was at Rs 71,000 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 at Rs 47,950 per 10 gm. In Chennai, it dipped to Rs 46,050. The rate in Mumbai was Rs 47,510, according to the website.
Prices for 24-carat gold witnessed a decline of Rs 800 per 10 gram to
Prices for 24-carat gold witnessed a decline of Rs 800 per 10 gram to