Gold prices jumped to Rs 48,070 from Rs 48,060 per 10 gram, while silver fell to Rs 47,600 from Rs 48,450 per kilogram on Friday, according to the Good Returns.
The prices of gold jewellery vary across India, which is the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
In New Delhi, the price of 22-carat gold is holding steady at Rs 46,810 per 10 gram, while in Chennai it is Rs 46,170. In Mumbai, the rate is Rs 47,200, according to the Good Returns website. Prices of 24-carat gold prices in Chennai is