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Commodity Market: Gold price remain firm for second day in a row

Mumbai:  Price of sovereign gold remained firm for second day in a row. Sovereign gold is trading at Rs 38840 per 8 gram in Kerala. Gold price gained on Thursday. On Thursday, the yellow metal gained by Rs 240 per 8 gram.

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In the global markets, price of spot gold remained firm  at $1,753.47 per ounce. U.S. gold futures rose 0.5% to $1,753.30. Among other precious metals,  silver eased 0.3% to $21.45, platinum fell 0.1% to $986.78, while palladium remained firm  at $1,881.97.


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