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Commodity Market: Gold price remain firm

Mumbai: Sovereign gold price remained unchanged in Kerala today. Sovereign gold is priced at Rs 45,720 per 8 gram and Rs 5715 per 1 gram. Yesterday, yellow metal price edged lower by Rs 440 per 8 gram.

On the Multi Commodity Exchange (MCX),  gold futures settled  at Rs 62,512, up Rs 46 or 0.07%. Silver futures settled  at Rs 74,649 per kg, higher by Rs 336 or 0.45%.

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On Comex, Gold futures were trading at $2,048.60 per troy ounce,  up by $2.20 or 0.11% while Silver futures were trading at $24.170, higher by $0.111 or 0.460%.

Price of spot gold edged up 0.2% to $2,032.36 per ounce. Bullion, however, fell 1.8% for the week so far.  U.S. gold futures edged 0.1% higher to $2,048.80. Price of spot silver rose 0.2% to $23.83 per ounce, while platinum gained 0.6% to $912.31 and palladium inched 0.5% higher to $974.25 per ounce.

 

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