Gold rates on Thursday jumped to Rs forty nine,150 from Rs 48,950 for every ten gram, while silver climbed to Rs 53,000 from Rs fifty two,120 for every kilogram, in accordance to Superior Returns internet site.
Gold jewellery rates differ across India, the second-biggest shopper of the metal, because of to excise duty, state taxes, and producing expenses.
In New Delhi, the price of 22-carat gold rose to Rs 47,950 for every ten gram, and in Chennai to Rs 47,130. In Mumbai, the amount was Rs 47,900, in accordance to the Superior Returns internet site. The price of 24-carat gold rates in Chennai was at Rs fifty one,290.
On MCX, August gold futures climbed .twenty for every cent to Rs forty nine,159 for every ten gram. Silver September futures jumped to Rs 53,058 for every kilogram. MCX has decided to take gold and silver bars refined at domestic refineries for