Gold price today at Rs 53,600 per 10 gm, silver trends at Rs 61,900 a kg

Gold price today fell to Rs 53,600 from Rs 55,250 per 10 gm, while silver was trending at Rs 61,900 per kg, according to the Good Returns website.

Gold jewellery prices vary 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 fell to Rs 49,150 per 10 gm, while in Chennai it climbed to Rs 47,800. In Mumbai, the rate was Rs 49,720 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 52,130 per 10 gm. 

On the MCX, December gold