Mumbai: Price of sovereign gold edged higher marginally in the Kerala market. Sovereign gold is trading at Rs 44,480, higher by Rs 320 per 8 gram. Yesterday, the yellow metal suffered a loss of Rs 320 per 8 gram.
On the On Multi Commodity Exchange (MCX), gold rate is trading flat and the silver rate is up 0.18%. Gold futures were trading at Rs 59,893 per 10 gram, up Rs 2. Silver futures were trading higher by Rs 132 at Rs 73,802 per kg.
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In the international markets, price of spot gold was down 0.2% to $1,964.79 per ounce. It is heading for a 0.9% weekly rise. U.S. gold futures held steady at $1,979.80.
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