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Commodity Market: Gold price slips down marginally for second day in a row

Mumbai: Price of sovereign gold edged lower marginally for the second day in a row. Today sovereign gold is trading at Rs 44,640, lower by Rs 80 per 8 gram. Yesterday, yellow metal suffered a loss of Rs 280 per 8 gram. On Wednesday, gold price touched all-time high of Rs 45,000 per 8 gram.

Also Read: Financial markets to remain closed today for Good Friday 

In the global markets, price of spot gold eased to $2011 per ounce. On the Multi Commodity Exchange (MCX), gold futures settled yesterday at  Rs 60,622 per 10 gram, down Rs 234 or 0.38%.  Silver futures ended at Rs 74,285 per kg, lower by  Rs 270 or 0.36%.  MCX  will remain shut today due to Good Friday.

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