Gold price today jumped to Rs 53,720 from Rs 53,410 per 10 gm, while silver price was trending at Rs 70,700 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 gold price of 22-carat is at Rs 49,250 per 10 gm, while in Chennai it jumped to Rs 47,690. In Mumbai, the rate was Rs 49,370 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 52,030 per 10 gm.
Gold prices