Gold price today slips to Rs 47,200 per 10 gm; silver at Rs 47,100 per kg

Gold price slipped to Rs 47,200 from Rs 47,460 per 10 gram, while silver fell sharply to Rs 47,100 from Rs 47,710 per kilogram on Tuesday, 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 46,000 per 10 gram, while in Chennai it is Rs 45,320. In Mumbai, the rate is Rs 46,000.

On MCX, August gold futures fell 0.65 per cent to Rs 47,026 per 10