Mumbai: Sovereign gold price edged lower sharply in the Kerala market. Price of gold slipped down by Rs 320 per gram. Sovereign gold is trading at Rs 44,320 per 8 gram. One gram gold is priced at Rs 5540, down by Rs 40. The price of yellow metal remained firm in the last three days.
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In the international markets, price of spot gold was down 0.4% at $2,000.57 per ounce. U.S. gold futures also slipped 0.4% to $2,017.80. Price of spot silver fell 0.5% to $24.89 per ounce, platinum lost 0.5% to $1,002.67 and palladium rose 0.2% to $1,469.55.
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