The price of 22-carat gold on Tuesday dipped to Rs 47,760 for 10 gm from Rs 47,730 and silver was trading at Rs 71,900 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 is at Rs 47,650 per 10 gm. In Chennai, it declined to Rs 45,750. The rate in Mumbai was Rs 47,760, according to the website.
Prices for 24-carat gold witnessed an uptick of Rs 30 per 10 gram to