The price for 24-carat surged to Rs 48,080 per 10 gm on Friday from Rs 47,080 in the previous trading session. This was the fourth straight day of gains for gold prices in India
The price for 10 gm of 22-carat gold on Friday jumped to Rs 47,480 from Rs 47,080. Silver was up at Rs 69,500 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 charges.
In New Delhi, the price of 22-carat gold was hiked to Rs 47,300 per 10 gm. In Chennai, it was up at Rs 45,750. The Mumbai rate is Rs 47,480, according to the website.
First Published: Jul 16 2021 | 06:50 AM IST