Gold prices in India dipped on Friday to Rs 47,496 from Rs 47, 571 per 10 grams, while silver rates rose marginally to Rs 48,360 from Rs 48,352 per kg, according to Indian Bullion and Jewellers Association.
The prices of gold jewellery vary across India, which is the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
In New Delhi, 24-carat gold price added Rs 40 to trade at Rs 47,450 per 10 grams, while 22-carat was retailing at Rs 46,250, up Rs 50 from the previous day. In Chennai 24-carat was selling for Rs