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Commodity Market: Gold price remain firm

Mumbai: Price of sovereign gold remained unchanged in the Kerala market. Sovereign gold is trading at Rs 37,480, per 8 gram. One gram gold is priced at Rs 4685. In the last two days, gold price edged lower by Rs 1000 per 8 gram. Yesterday gold price slide by Rs 600 per 8 gram.

On the Multi Commodity Exchange (MCX), gold futures were trading higher by 0.07% at Rs 50,656 for 10 gram. Silver futures is trading lower by 0.27% percent at Rs 56,788 a kilogram.

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In the international market, spot gold is trading at $1,744.07 per ounce, up by 0.3%. US  gold futures gained by  0.2% to $1,742.50.  Price of gold  have lost about 3.7% this week.  Among other precious metals, silver rose by 0.5% to $19.28 per ounce,  platinum gained by  0.6% to $878.40 and palladium climbed by 0.8% to $2,006.51.

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