Gold price today fell to Rs 48,380 from Rs 48,160, while silver price was trending at Rs 67,700 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 44,350 per 10 gm, while in Chennai it fell to Rs 45,580. In Mumbai, the rate was Rs 44,280 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 46,450 per 10 gm.
Gold rose by Rs