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Commodity Market: Gold price surge sharply

Mumbai: Price of yellow metal surged sharply in the commodity market. Sovereign gold is trading at Rs 37,600, higher by Rs 600 per 8 gram. Gold price slipped down by Rs 240 per 8 gram  in the last 2 days.

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Price of gold and silver futures on the Multi Commodity Exchange (MCX)  is also trading higher. Gold is trading at a level of Rs 50,635 per 10 gram on MCX while Silver is trading at the level of Rs 57,670 per kilo.

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