Gold price today: Rs 50,703 per 10 gm, silver climbs to Rs 60,785 per kg

In New Delhi, the price of 22-carat gold rises to Rs 49,000 per 10 gram

Gold prices on Friday surged to new highs of Rs 50,703 from Rs 50,552 per 10 gram while prices of silver also climed to Rs 60,785 from Rs 60,586 per kg, according to India 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 49,000 per 10 gram. Gold in 24 carat in the national capital was retailing at Rs 50,200. In Chennai 22-carat climbed marginally to Rs 48,150 while the price of 24-carat