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Commodity Market: Gold prices shoots up

In the Kerala market, the price of sovereign gold has gone up by Rs. 120 and reached at Rs.37,920 per 8 gram. One gram gold is priced at Rs.4740 up by Rs. 15.

On the Multi Commodity Exchange (MCX), gold futures rose 0.4% to Rs. 51,532 per 10 gram while silver futures gained 0.6% to Rs. 68,350 per kg.

In the international market, spot gold was flat at $1,941.11 per ounce. Among other precious metals, silver fell 0.3% to $26.68 per ounce while platinum gained 0.4% to $928.61.

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