Gold price plummeted by Rs 470 to Rs 44,900 per 10 gm on Friday, while Silver price slipped by Rs 1,700 to trend at Rs 66,200 per kg, according to the Good Returns website. Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of 22-carat gold slipped by Rs 650 to Rs 43,950 per 10 gm, while in Chennai it inched down by Rs 470 to Rs 42,170. In Mumbai, the rate fell to Rs 43,900, according to the website. The price of 24-carat gold in Chennai also decreased by Rs 500 to retail at Rs 46,020 per 10 gm.