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Commodity Market: Gold price remain firm

Mumbai:  Gold prices in India remained above Rs 60,000. 10 grams of 24-carat gold was priced at Rs 60,550. The same quantity of 22-carat gold cost Rs 55,500. On the other hand, silver was priced at Rs 74,500 per kilo.

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On the Multi Commodity Exchange (MCX), gold futures settled at 59,840 per 10 gram. In international market, gold price ended at $1,960 per ounce levels. Meanwhile, market experts claim that gold price may rise next week due to  weakness in US dollar amid US Fed rate-pause buzz in upcoming FOMC meeting next week

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