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Commodity Market: Gold price remains firm

Mumbai: Gold price remained unchanged in Kerala on Sunday, May 19. Gold is trading at Rs 54,720 per 8 gram. Yesterday, yellow metal price gained by Rs 640 per 8 gram to Rs 54,720. This is the highest price of yellow metal reported this month.

In other major markets in the country, gold prices saw a slight decrease on Sunday. The cost of 24 carat gold is Rs.7536.4 per gram down by Rs.367. The cost of 22 carat gold is Rs.6903.4 per gram down by Rs.336.

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The price change in 24 carat gold in the last one week has been -1.36% .whereas in the last month it has been 0.44%. The cost of silver is Rs.86630.0 per kg up by Rs.170.0 per kg.

On the Multi Commodity Exchange (MCX), gold futures settled  at Rs.73750 per 10 gram up by 0.053%. Silver futures ended  Rs.94190 per kg up by 0.258%.

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