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Commodity Market: Gold price edges lower

Thiruvananthapuram: The price of sovereign gold slipped in the Kerala market. Sovereign gold is priced at Rs 35,920, down by Rs 280 per 8 gram. One gram gold is priced at Rs 4490, lower by Rs 35. On Tuesday, gold settled at Rs 36,200.

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In the international market, spot gold slipped down by 0.2% to US dollar 1806.56 per ounce. The strengthening of the US dollar has weighed upon the yellow metal. The commodity exchange in India will remain shut today due to Bakrid.

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