Gold price on Monday jumped to Rs 53,520 from Rs 53,510, while silver price was trending at Rs 70,300 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 gold price of 22-carat gold is at Rs 49,070 per 10 gm, while in Chennai it fell to Rs 48,150. In Mumbai, the rate was Rs 49,220 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 52,530 per 10 gm.
Gold rose