Mumbai: Price of sovereign gold edged higher marginally in Kerala. Sovereign gold is priced at Rs 52,840, up by Rs 160 per 8 gram. Yesterday, yellow metal price remained unchanged. On Saturday, gold price gained by Rs 80 per 8 gram.
On the Multi Commodity Exchange (MCX), gold futures rose by Rs 208 or 0.29% to trade at Rs 70,876 per 10 grams. Silver futures were up by Rs 742 or 0.92% to Rs 81,785 per kg.
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In the US markets, price of spot gold rose 0.4% at $2,310.89 per ounce. US gold futures gained 0.6% to $2,322.30 per ounce. Price of spot silver fell 0.2% to $26.49 per ounce, platinum lost nearly 0.7% to $948.40 and palladium inched down 0.5% to $940.60.
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