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Gold price stable at Rs 46,690 per 10 gm, silver drops to Rs 69,000 a kg


Gold price on Friday remained unchanged at Rs 46,690, while
silver price fell by Rs 600 to trend at Rs 69,000 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 350 to Rs 45,550 per 10 gm, while in Chennai it inched down to Rs 43,800. In Mumbai, the rate stayed at Rs 45,690--the same as yesterday, according to the Good Returns website.
The price of 24-carat gold in Chennai was down by Rs 160 to Rs 47,780 per 10 gm. In the international market, Gold prices fell to their lowest in more than seven months on Friday, on course for their worst week since the end of November, as rising US Treasury yields eroded the non-yielding bullion's appeal.

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