Mumbai: Price of sovereign gold edged lower in the Kerala market for second day in a row. Sovereign gold is trading at Rs 44,880, lower by Rs 160 per 8 gram. Thus the price of gold slipped down below Rs 45,000 mark after May 3. Yesterday, gold price declined by Rs 360 per 8 gram.
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In the Multi Commodity Exchange (MCX), gold futures opened lower at Rs 60,049 per 10 gram . In international market, gold price today sustained above the psychological $1,980 levels and made an intraday high of $1,986 after hitting intraday low of $1,980.54 per ounce.
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