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Gold prices at Rs 49,950 per 10 gm, silver rises to Rs 58,950 a kg

In New Delhi, the price of 22-carat gold rose to Rs 48,750 per 10 gram, and in Chennai to Rs 47,850

Govt stares at high payouts as gold prices double over the last year
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On MCX, August gold futures climbed 1.11 per cent to Rs 50,078 per 10 gram.

BS Web Team New Delhi
Gold prices jumped on Thursday to Rs 49,950 from Rs 49,100 per 10 gram, while silver climbed to Rs 58,950 from Rs 55,400 per kilogram, according to Good Returns website.

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

In New Delhi, the price of 22-carat gold rose to Rs 48,750 per 10 gram, and in Chennai to Rs 47,850. In Mumbai, the rate was Rs 48,700, according to the Good Returns website. The price of 24-carat gold prices in Chennai was at Rs 52,200. 

On MCX, August gold futures

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