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Commodity Market: Gold price surges marginally

Mumbai: The price of precious metals -gold and silver surged in the commodity market. On the Multi Commodity Exchange (MCX) December gold futures rose by 0.21% to Rs 47,895 for 10 grams. December silver futures rose by 0.48% to Rs 65,970 per kilogram.

In the Kerala market, price of sovereign gold gained by Rs 80 per 8 grams to Rs 35,880. One gram gold is priced at Rs 4485, up by Rs 10.

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In the international market, gold prices remain firm. Price of spot gold was unchanged at $1,792.95 per ounce. US gold futures fell 0.1 per cent to $1,793.70 per ounce.


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