Mumbai: Price of sovereign gold edged higher marginally. Sovereign gold is trading at Rs 44,680, higher by Rs 160 per 8 gram. Yesterday, price of yellow metal suffered a loss.
On Multi Commodity Exchange (MCX), gold e futures were trading at Rs 60,244 per 10 gram, down Rs 44 or 0.07%. Silver futures were trading lower by Rs 257 at Rs 75,215 per kg.
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In the international markets, price of gold inched down on Thursday. Yesterday, the precious metal touched more than two-week low. Spot gold was down 0.1% at $1,992.23 per ounce. U.S. gold futures fell 0.2% to $2,004.00.
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