Gold prices continued its decline for the sixth day falling to Rs 51,454 from Rs 51,628 per 10 gram while silver prices also fell to Rs 64,594 from Rs 64,881 per kg, according to Indian Bullion and Jewellers Association.
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, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat was at Rs 54,870. In Chennai, the rate for 22-carat dropped below the Rs

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