Mumbai: Price of sovereign gold edged lower marginally in the Kerala market. Sovereign gold is trading at Rs 38,880, lower by Rs 120 per 8 gram. Yesterday gold price remained unchanged at Rs 39,000 per 8 gram. On Thursday, the price of yellow metal gained by Rs 600 per 8 gram.
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In the global markets, price of spot gold rose 0.1% to $1,763.17 per ounce. US gold futures were up 0.2% to $1,765.50. Among other precious metals, spot silver rose 0.8% to $21.11 per ounce, platinum added 0.4% to $984.50 and palladium climbed 0.7% to $2,020.21.