Gold price on Thursday fell to Rs 47,180 from Rs 47,450, while silver price was trending at Rs 63,200 per kg, according to the Good Returns website. Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of 22-carat gold is at Rs 43,250 per 10 gm, while in Chennai it fell to Rs 41,740. In Mumbai, the rate was Rs 43,370 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 45,540 per 10 gm. Gold gained Rs 44 to Rs 44,347 per 10 gram in the national capital on Thursday, supported by weaker rupee and overnight gain in global precious metal prices, according to HDFC Securities. It had closed at Rs 44,303 per 10 gram in the previous trade. Silver, however, dipped Rs 637 to Rs 64,110 per kg, from Rs 64,747 per kg in the previous trade.
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