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Commodity Market: Gold price rises again

The price of gold has surged again. On the Multi Commodity Exchange (MCX) gold futures prices mounted 0.19% to Rs. 50858.0 per 10 gram. In the previous session, gold was up 1.29% or about Rs. 96.63 per 10 gram. On MCX, silver futures remained stable at Rs. 70280 per kg.

Also Read: Indian rupee gain against US dollarĀ 

The price of spot gold has reached at Rs. 51340. The price is higher than the current week average of Rs 50408.57 by 1.85%. In the international market the price of spot gold hasĀ  dropped by 0.17% to reach at $1946.1 per Troy ounce. Among other precious metals, silver prices saw a fall today. Silver plunged 0.78% to $27.3 per Troy ounce. Platinum fell 1.26% to $1100.5 per Troy ounce.

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