Gold price today at Rs 55,250 per 10 gm, silver trends at Rs 61,000 per kg

Gold price today jumped to Rs 55,250 from Rs 55,040 per 10 gm, while silver was trending at Rs 61,000 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 rose to Rs 50,650 per 10 gm, while in Chennai it climbed to Rs 49,220. In Mumbai, the rate was Rs 51,230 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 53,380 per 10 gm. 

On the