Gold prices on Monday jumped to Rs 45,177 from Rs 44,977 per 10 gram while silver prices also climbed nearly Rs 500 to trade at Rs 50,975 per kg, according to Indian Bullion and Jewellers Association.
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 47,510 per 10 gram. 24-carat in the national capital was retailing at Rs 49,010. In Chennai 22-carat traded at Rs 46,900 while the price of 24-carat gold prices in Chennai was at