The price for 22-carat gold on Friday inched higher to Rs 47,880 for 10 gm from Rs 47,680 and silver was flat at Rs 71,400 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 47,950 per 10 gm. In Chennai, it declined to Rs 46,150. The Mumbai rate is Rs 47,880, according to the website.
The price for 24-carat gold witnessed an uptick of Rs 200 per 10