Bombay: The price of sovereign gold remained unchanged in the Kerala market. The price of gold rose for 4 consecutive days until yesterday. The yellow metal gained Rs 80 per 8 grams yesterday. Over the past four days, the yellow metal has risen by 1080 rupees per 8 grams. Today gold is trading at Rs 38,280.
On the Multi Commodity Exchange (MCX), gold futures traded at Rs 51,965 per 10 grams. Silver futures were trading at Rs 61,600 per kg, up by Rs 254 or 0.4%.
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On the international market, gold is heading towards its biggest weekly gain since March. The spot gold price was slightly adjusted to $ 1,709.69 per ounce. US gold futures remained flat at $ 1,719.90.