Gold price on Monday fell to Rs 49,330 from Rs 49,340, while the silver price was trending at Rs 66,700 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 48,090 per 10 gm, while in Chennai it fell to Rs 46,540. In Mumbai, the rate was Rs 48,330 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 50,790 per 10 gm.
In the international market, Gold