Gold prices in India edged up on Wednesday to Rs 48,120 per kg from Rs 48,075, while silver went up from Rs 48,253 to Rs 48,440, according to Indian Bullion and Jewellers Association.
The prices of gold jewellery 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 is about Rs 46,800 per 10 gram, while price of 24-carat is retailing at Rs 48,000 today. In Chennai it is Rs 46,100 for 22-carat while price of 24-carat is at 50,390. In Mumbai,22-carat is