Gold price on Tuesday rose to Rs 48,450 for 10 gm from Rs 47,180 and silver price trending at Rs 65,000 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 44,410 per 10 gm, while in Chennai it fell to Rs 42,580. The rate in Mumbai was Rs 44,200 according to the website. The price of 24-carat gold in Chennai was Rs 46,460 per 10 gm.
Gold was marginally