Gold price on Thursday slipped to Rs 46,690 from Rs 47,230, while silver price fell by Rs 600 to trend at Rs 69,600 per kg, according to the Good Returns website. Gold jewellery prices vary across India, the second-largest consumer of the metal, due to differing excise duty, state taxes, and making changes in different states. In New Delhi, the price of 22-carat gold fell by Rs 500 to Rs 45,900 per 10 gm, while in Chennai it inched down to Rs 43,940. In Mumbai, the rate decreased to Rs 45,690, according to the Good Returns website. The price of 24-carat gold in Chennai was down by Rs 760 to Rs 47,940 per 10 gm.