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Commodity Market: Gold price remain firm

Mumbai: Price of sovereign gold remained unchanged in the Kerala market. Sovereign gold is trading at Rs 45,200 per 8 gram and Rs 5650 for one gram. Yesterday, the yellow metal suffered a loss of Rs 760 per 8 gram.

On the Multi Commodity Exchange (MCX), gold futures settled at Rs 61,505 per 10 gram. Silver futuresĀ  finished at Rs 78,182, up by Rs 144 or 0.18% per kg.

Also Read: Karnataka Assembly Election: Kerala cadre IAS officer Dr. Raju Narayana Swamy creates another recordĀ 

Globally, the yellow metal prices were flat on Friday but are set for their biggest weekly gain in nearly two months. Price of spot gold remained firm at $2,050.63 per ounce, but was up 3% for the week. U.S. gold futures were up 0.1% to $2,058.50.

 

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