Mumbai: Price of sovereign gold depreciated after two days in Kerala. Sovereign gold price edged lower sharply by Rs 440 per 8 gram to Rs 45,720. Yesterday, sovereign gold prices edged higher marginally by Rs 120 per 8 gram.
On the Multi Commodity Exchange (MCX), gold futures settled at Rs 62,512, up Rs 46 or 0.07%. Silver futures settled at Rs 74,649 per kg, higher by Rs 336 or 0.45%.
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On Comex, Gold futures were trading at $2,048.60 per troy ounce, up by $2.20 or 0.11% while Silver futures were trading at $24.170, higher by $0.111 or 0.460%.
Price of spot gold edged up 0.2% to $2,032.36 per ounce. Bullion, however, fell 1.8% for the week so far. U.S. gold futures edged 0.1% higher to $2,048.80. Price of spot silver rose 0.2% to $23.83 per ounce, while platinum gained 0.6% to $912.31 and palladium inched 0.5% higher to $974.25 per ounce.
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