Gold price on Friday fell to Rs 51,940 from Rs 52,670 per 10 gm, while silver was trending at Rs 60,100 per kg, according to the Good Returns website.
Gold jewellery price vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
In New Delhi, the gold price of 22-carat fell to Rs 49,210 per 10 gm, while in Chennai it dropped to Rs 47,610. In Mumbai, the rate was Rs 49,960 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 51,940 per 10 gm.
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