Gold prices fall to Rs 55,310 per 10 kg, silver declines to Rs 66,700 a kg

Gold prices Tuesday fell to 55,310 from Rs 55,610 per 10 gram, while silver declined to Rs 66,700 from Rs 67,110 per kg, 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 fell to Rs 50,700 per 10 gram, and in Chennai to Rs 50,030. In Mumbai, the rate was Rs 50,710, according to the Good Returns website. The price of 24-carat gold price in Chennai was Rs 54,580 per 10 gm. 

On MCX, October