Mumbai: Price of precious metals-gold and silver edged lower in the commodity market. On the Multi-Commodity Exchange (MCX), the December gold futures were down 0.21% at Rs 47,861 for 10 grams. Silver December futures were down 0.4%at Rs 64,636 a kilogram.
In the Kerala market, the price of sovereign gold slipped marginally. Eight grams gold is priced at Rs 35,850, lower by 80- and one-gram gold is at Rs 4458, down by Rs 10.
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In the international market, spot gold is priced at $ 1816.7 per ounce. This price level is 4.24% higher than average Gold Price observed in the past 30 days. Among the other precious metals, silver price plunged 0.06% to $ 25.2 per ounce and platinum rose 0.05% to $ 1078.0 per ounce.
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