Mumbai: Gold price edged higher for second day in a row in Kerala. Sovereign gold is trading at Rs 40,880, up by Rs 120 per 8 gram. Yesterday, the yellow metal gained by Rs 400 per 8 gram.
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In the international markets, price of spot remained firm at $1,838.69 per ounce. It touched a six-month peak in the previous session. U.S. gold futures dipped 0.1% to $1,843.60. Among other precious metals, silver rose 0.2% to $24.03, platinum lost 0.4% to $1,079.71 and palladium gained 1% to $1,726.59.
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