Mumbai: Price of sovereign gold slipped down in the Kerala market. Sovereign gold is trading at Rs 38,760, lower by Rs 80 per 8 gram. In the last four days the price of yellow metal remained unchanged in the market.
On the Multi Commodity Exchange (MCX), gold futures were trading higher by 0.20% or Rs 105 at Rs 52,908 per 10 gram. Silver futures jumped 0.72% or Rs 447 at Rs 62,831 per kg.
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In the global markets, price of spot gold was up 0.3% to $1,745.22 per ounce. U.S. gold futures rose 0.3% to $1,745.40. Among other precious metals, silver gained 0.9% to $21.10, platinum rose 0.9% to $997.25 and palladium was up 0.7% to $1,857.00.
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