Kozhikode: Gold price declined to Rs 28,125 per sovereign. There is a drop of Rs 1000 in the price within 5 days. One gram gold costs Rs 3515 on Tuesday.
The rate was Rs 28,440 per sovereign the other day. On September 4, the price had hit an all-time rate at Rs 29,120.
Fall of gold price in the global market has attributed to the decrease in price in the domestic market.