Price of gold has slipped down in the commodity market. In Kerala market, the price of gold has slipped down and reached at Rs. 33,360 lower by Rs.160 per 8 gram. One gram gold is priced at Rs. 4170 down by Rs.20.
But on the Multi Commodity Exchange, the gold futures rate stood at Rs. 45,720 with a Rs 10 hike. In Bengaluru, the rate of gold for the ten grams of 22-carat stood at Rs. 41,910 with Rs. 10 hike and 24-carat gold was at Rs. 45,720 with a Rs 10 hike.
In the international market the price of spot gold fell 0.3% to US dollar 1,726.35 per ounce . US gold futures slipped 0.4% to US dollar 1,724.80 per ounce.