Gold prices jump to Rs 47, 540 per 10 gram; silver at Rs 47,870 per kg

Gold price jumped to Rs 47,540 from Rs 47,314 per 10 gram, while silver went up to Rs 47,870 from Rs 47,545 per kilogram on Wednesday, according to the Indian Bullion and Jewellers Association.

The prices of gold jewellery vary across India, which is 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 iis holding steady at Rs 46,000 per 10 gram, while in Chennai it is Rs 45,530. In Mumbai, the rate is Rs 46,100, according to Good Returns website. Prices of 24-carat gold prices