Mumbai: Price of sovereign gold edged lower sharply in the Kerala market. Gold price declined after 4 days. Sovereign gold is trading at Rs 43,240, lower by Rs 240 per 8 gram.
On the Multi Commodity Exchange (MCX), gold futures were trading at Rs 58,180 per 10 gram, up Rs 73 or 0.13%. Silver futures were higher by Rs 158 per kg or 0.23% at Rs 69,499. The physical price of gold in India stood at Rs 59,500 per 10 gram while that of silver at Rs 71,000 per kg.
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On the Comex, gold futures were trading at $1,924.20 per troy ounce, up by $0.40 or 0.02% while Silver futures were trading at $22.930, lower by $0.030 or 0.13%.
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