Gold prices on Friday fell to Rs 52,560 from Rs 53,000 per 10 gm, while silver was trending at Rs 62,410 per kg, according to the 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 gold price of 22-carat fell to Rs 49,100 per 10 gm, while in Chennai it dropped to Rs 47,410. In Mumbai, the rate was Rs 49,680 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 51,720 per 10 gm.
On the MCX, December