Gold prices jumped on Tuesday to Rs 52,000 from Rs 51,160 per 10 gram, while silver climbed to Rs 64,700 from Rs 61,210 per kilogram, 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 50,800 per 10 gram, and in Chennai to Rs 49,780. In Mumbai, the rate was Rs 50,650, according to the Good Returns website. The price of 24-carat gold prices in Chennai was at Rs 54,300.
On MCX, August