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Commodity Market: Gold price remain unchanged

Mumbai: Gold rate remained firm in the Kerala market. Sovereign gold is trading at Rs 41,920 per 8 gram. In the last two days, price of gold edged lower in the state. The yellow metal suffered a loss of Rs 160 per 8 gram in the last two days.

On the Multi Commodity Exchange (MCX), gold futures were trading at Rs 56,533 per 10 gram, down Rs 217 or 0.38%. Silver futures were trading lower by Rs 278 at Rs 65,973 per kg

Also Read: Stock Market: Equity indices end higher 

Globally, the yellow metal prices edged up marginally on Wednesday as the US weakened in the markets.  Price of spot gold was up 0.1% at $1,856.47 per ounce. US gold futures were little changed at $1,865.80.



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