The government's order on Small Saving Schemes has been withdrawn hours after it was issued.
The price of silver also rose heavily by Rs 1,071 to Rs 63,256 per kg.
The price of gold in Delhi slumped by Rs 49 per 10 grams.
Petrol and diesel prices decreased on Tuesday in major cities of the country.
SC upheld the decision to remove Cyrus Mistry as the chairman of Tata Sons.
Silver rose by Rs 1,036 to Rs 64,276 per kg.
The price of silver declined by Rs 637.
Petrol and diesel prices in Mumbai are 97.19 per liter and 88.20 per liter respectively.
The price of silver fell by Rs 866 per kg on Wednesday.