Gold prices slump to Rs 55,350 per 10 gm, silver jumps to Rs 75,150 a kg

Gold prices Tuesday fell to Rs 55,350 from Rs 59,3000 per 10 gram, while silver climbed to Rs 75,150 from Rs 74,210 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 rose to Rs 54,100 per 10 gram, and in Chennai to Rs 53,580. In Mumbai, the rate was Rs 54,370 according to the Good Returns website. The price of 24-carat gold price in Chennai was Rs 58,470 per 10 g. 

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