Mumbai: Price of sovereign gold remained unchanged in Kerala on Tuesday, October 8, 2024. Gold is trading at Rs 56,800 per 8 gram and Rs 7100 per 1 gram. Yesterday, gold price edged lower by Rs 160 per 8 gram.
In other major markets, gold prices experienced a slight decline on Tuesday. The price of 24 carat gold is Rs.7761.3 per gram, representing a decrease of Rs.220. The price of 22 carat gold is Rs.7116.3 per gram, down by Rs.200. The price change for 24 carat gold over the past week has been -0.99%, while in the last month it has decreased by 5.63%.The current price of silver is Rs.100000.0 per kilogram.
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In Multi Commoidty Exchange (MCX), gold futures contracts opened flat today at Rs 75,885 per 10 gram, which is down by 0.21% or Rs 160. Silver futures contracts were trading at Rs 91,530/kg, down by 0.9% or Rs 827. Gold prices have fallen by Rs 500/10 gram in the last one week, while silver prices have remained flat, gaining merely Rs 150/kg. On Monday, gold futures contract settled at Rs76,045 per 10 grams with a loss of 0.13% and silver futures contract settled at Rs92,357 per kilogram with a loss of 1.06%.
In global markets, price of spot gold was little changed at $2,643.68 per ounce. U.S. gold futures fell 0.1% to $2,662.90. Price of spot silver lost 0.2% to $31.66 per ounce. Platinum rose 0.4% to $976.10 and palladium gained 0.4% to $1,028.00.
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