Gold and silver prices fall; yellow metal selling at Rs 55,530 per 10 g

The price of gold fell by Rs 430 on Friday, with 10 grams of the yellow metal (24-carat) trading at Rs 55,530. Silver prices declined Rs 1,000 from yesterday's close and the precious metal is selling at Rs 71,000 per kg.

The price of 22-carat gold fell Rs 400 from yesterday's close to Rs 50,900, according to the GoodReturns website.

In Mumbai, Kolkata, and Hyderabad, 10 gram of 24-carat and 22-carat gold was selling at Rs 55,530 and Rs 50,900, respectively.

In Delhi, 10 grams of 24-carat and 22-carat gold was trading at Rs 55,680 and Rs 51,050, respectively. In Chennai, 10 gram