Mumbai: Price of yellow metal slipped down again in the commodity market. On the Multi Commodity Exchange (MCX), gold futures were trading 0.02% lower at Rs 50,574 for 10 gram. Silver futures were down 0.2% at Rs 54,603 per kilo.
In the Kerala market, sovereign gold is trading at Rs 37,160, lower by Rs 80 per 8 gram. One gram gold is priced at Rs 4645, down by Rs 10. Yesterday, price of the precious metal was edged lower by Rs 280 per 8 gram.
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In the international market, price of spot gold gained by 0.1% to $1,718.97 per ounce. U.S. gold futures dipped by 0.1% to $1,716.70. Among other precious metals, price of silver rose 0.4% to $18.68 per ounce, platinum gained 0.3% to $876.22 and palladium firmed 0.4% to $2,017 per ounce.
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