In the Kerala market the price of sovereign gold has reached at Rs.38,400, up by 320 rupees per 8 gram. One gram gold is priced at Rs. 4800, higher by Rs. 40.
On the Multi Commodity Exchange (MCX), the December gold futures were down 0.28% to Rs.51,910 per 10 gram while silver futured edged up 0.32% to Rs.64,460 per kg. On Thursday, gold prices ohad surged Rs. 1,257 per 10 gram and silver Rs. 2,700 per kg.
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In the international market, the price of spotr gold slipped down by 0.4% to $1,940.86 per ounce. Among other precious metals, silver fell 1.6% to $24.93 an ounce while platinum declined 0.7% to $886.63.
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