Gold price today rose from Rs 10 to Rs 50,900 from Rs 50,890 per 10g, while the money tended to Rs 62,300 per kg, according to the Good Returns website.
Gold jewelry prices vary across India, the second largest consumer of metal, due to excise duties, state taxes and changes.
In New Delhi, the price of 22 karat gold increased by 10 rupees to 49,160 rupees per 10 g, and in Chennai, it increased by 10 rupees to 47,610 rupees. In Mumbai, the rate has dropped from Rs 40 to Rs 49,850 according to the Good Returns website. The price of 24 karat gold in Chennai has also increased by 10 rupees to 51,990 rupees per 10 g.
On the MCX, December gold futures rose 0.54% to Rs 50,260 per 10g. December silver futures rose 1.22 percent to Rs 62,260 per kg.