Gold prices on Wednesday jumped to Rs 53,100 from Rs 52,890 per 10 gm, while silver was trending at Rs 62,100 per kg, according to the 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 remained at Rs 49,600 per 10 gm, while in Chennai it dropped to Rs 47,560. In Mumbai, the rate was Rs 49,900 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 51,880 per 10 gm.
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