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Commodity Market: Gold prices edge higher for second day in a row

Mumbai: Price of sovereign gold surged for second day in a row. Sovereign gold is trading at Rs 43,320, up by Rs 160 per 8 gram. Yesterday, the yellow metal gained by Rs 80 per 8 gram.

On the Multi Commodity Exchange (MCX), gold futures settled at Rs 57,962 per 10 gram, lower by  Rs 52 or 0.09%. Silver futures settled  Rs 113 per kg or 0.16% lower at Rs 69,483. MCX was remained closed on Thursday due to Bakrid.

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On the Comex, Gold futures were trading at $1,915.70 per troy ounce, down $2.20 or 0.11% while Silver futures were trading at $22.795, down $0.003 or 0.1%.

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