Gold price today jumped to Rs 53,410 from Rs 53,400 per 10 gm, while silver price was trending at Rs 67,900 per kg, according to the Good Returns website.
Gold jewellery price vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.
Physical gold in India was sold at a discount for the first time in six weeks as a rebound in local prices to a one-month peak squeezed demand, while purchases slowed in other Asian hubs ahead of the year-end holidays. "Demand is very subdued. Retail buyers are postponing purchases because