Mumbai: Sovereign gold price touched a life-time high today. Price of sovereign gold surged by Rs 160 per 8 gram to Rs 45,760. Yellow metal is gaining for third day in a row. In the last three days, the yellow metal gained by Rs 1200 per 8 gram.
On Multi Commodity Exchange (MCX), gold futures were trading at Rs 61,469 per 10 gram, down Rs 24 or 0.04%. Silver futures were trading higher by Rs 182 at Rs 78,220 per kg
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Globally, the yellow metal prices were flat on Friday but are set for their biggest weekly gain in nearly two months. Price of spot gold remained firm at $2,050.63 per ounce, but was up 3% for the week. U.S. gold futures were up 0.1% to $2,058.50.
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