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Gold price on Wednesday fell to Rs 50,520 for 10 gm from Rs 50,620 and silver price is trending at Rs 68,600 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 46,300 per 10 gm, while in Chennai it fell to Rs 44,500. The rate in Mumbai was Rs 44,980 according to the website. The price of 24-carat gold in Chennai was Rs 48,550 per 10 gm.
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