Gold price jumped to Rs 47,470 from Rs 47,370 per 10 gram, while silver went up to Rs 47,720 from Rs 47,710 per kilogram on Monday, according to the Good Returns website.
The prices of gold jewellery 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 is about Rs 46,270 per 10 gram, while in Chennai it is Rs 45,540. In Mumbai, the rate is Rs 46,020.
On MCX, August gold futures fell 0.17 per cent to Rs 47,334 per 10