Gold price today: Rs 46,845 per 10 gm; silver at Rs 48,295 per kg

The gold price today for 24-carat gold in New Delhi fell to Rs 46,650 from Rs 47,150 per 10 gram. Gold rate in Chennai is Rs 48,780 and Mumbai Rs 46,900

Gold price on Wednesday fell from Rs 47,075 to Rs 46,845 per 10 gram, while silver slipped from Rs 49,540 to Rs 48,295 per kilogram, according to India Bullion and Jewellers Association (IBJA). 

The gold jewellery prices vary across India — the second largest consumer of the metal — due to excise duty, state taxes and making charges.

On MCX, August gold futures fell 0.20 per cent to Rs 46,470 per 10 gram after tumbling Rs 556 in the previous session, the media reports said.

According to website goodreturns.in, the price for 24-carat gold in New Delhi fell to Rs