Mumbai: Price of sovereign gold surged sharply in the Kerala market. Sovereing gold is trading at Rs 37,480, higher by Rs 200 per 8 gram. One gram gold is priced at 4685. Yesterday, gold price remained unchanged.
On the Multi Commodity Exchange (MCX), Gold futures were trading higher by 0.12% or Rs 62 at Rs 50,564 per 10 gram. Silver futures were trading higher by 0.20 or Rs 115 at Rs 58,961 per kg.
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In the international markets, price of spot gold was up 0.2% at $1,650.13 per ounce. US gold futures also gained 0.2% to $1,652.10. Among other precious metals, spot silver fell 0.1% to $19.63 per ounce, platinum rose 0.4% to $946.18 and palladium was 0.5% higher at $1,889.47.
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