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Gold jumps to Rs 54,700 per 10 gm, silver at record high of Rs 71,500 a kg

In New Delhi, the price of 22-carat gold rose to Rs 52,450 per 10 gram, and in Chennai to Rs 53,010

Gold
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On MCX, August gold futures jumped 1 per cent to Rs 55,098 per 10 gram.

BS Web Team New Delhi
Gold prices jumped on Thursday to Rs 54,700 from Rs 53,750 per 10 gram, while silver climbed to Rs 71,500 from Rs 65,050 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 52,450 per 10 gram, and in Chennai to Rs 53,010. In Mumbai, the rate was Rs 53,400 according to the Good Returns website. The price of 24-carat gold prices in Chennai was at Rs 57,820. 

On MCX, August

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