Gold price at Rs 49,100 per 10 gm, silver continues rally at Rs 51,900 a kg

In New Delhi, the price of 22-carat gold rises to Rs 47,900 per 10 gram, and in Chennai to Rs 47,180

Gold prices jumped to Rs 49,100 from Rs 48,7000 per 10 gram, while silver climbed to Rs 51,900 from Rs 50,020 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 47,900 per 10 gram, and in Chennai to Rs 47,180. In Mumbai, the rate was Rs 47,400, according to the Good Returns website. The price of 24-carat gold prices in Chennai was at Rs 51,460. 

On MCX, August gold futures