 "Gold")
Gold prices skidded to Rs 53,394 per 10 gram on Thursday following decline in the international prices of precious metal while silver prices also dropped to Rs 67,072 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 rose sharply to Rs 51,850 from Rs 51,150 per 10 gram in the previous trade while prices of 24-carat was at Rs 56,560, up by over Rs 1,000. In Chennai, the rate for 22-carat dropped
