In the commodity market, the price of yellow metal has surged.
In the Kerala market, the price of sovereign gold has reached Rs.37,520 up by Rs.160 per 8 gram. One gram of gold is priced at 4690 up by Rs. 20.
On the Multi Commodity Exchange (MCX), October gold futures rose 0.25% to Rs. 50,805 per 10 gram while silver futures jumped 1.3% to Rs. 68,120 per kg.
In the international market, spot gold was up 0.2% at $1,935.53 per ounce. Among other precious metals, silver eased 0.2% to $26.84 per ounce while platinum rose 0.6% to $900.01.
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