Gold price on Friday jumped to Rs 48,160 from Rs 48,060, while silver price was trending at Rs 65,700 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 44,150 per 10 gm, while in Chennai it fell to Rs 42,350. In Mumbai, the rate was Rs 43,920 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 46,200 per 10 gm.
Gold gained Rs