Ten grams of 24 karat gold was sold on Tuesday at Rs 47,760, Rs 100 more than yesterday’s trading price. Silver was at 66,000 rupees per kilogram, 400 rupees more than yesterday’s trading price, according to the Good Returns website.
The price of gold jewelry varies across India, which is the second largest consumer of the metal, due to excise duty, state taxes, and levies.
In New Delhi and Mumbai, 10 grams of 22 karat gold was sold at Rs 47,000 and Rs 46,760.
In Chennai, the yellow metal was being sold at Rs 45,180, according to the website.
In New Delhi, the price of 10 grams of 24 karat gold was 51,250 rupees. In Chennai, it is trading at Rs 49,280. The rate in Mumbai is 47,760 rupees, while in Kolkata it is 50,100 rupees, according to the website.