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Commodity Market: Gold price remain firm

Mumbai: Sovereign gold price remain unchanged in Kerala. Sovereign gold is trading at Rs 46,760 per 8 gram and Rs 5845 per 1 gram. Yesterday, yellow metal gained by Rs 600 per 8 gram.

On the Multi Commodity Exchange (MCX), gold futures settled at Rs 63,355 on the. Silver futures settled at Rs 77,965.

Also Read: Cyclone Michaung: Indian Railways cancels 54 trains: Full list 

In the international markets, both gold and silver were quoting higher at $2,042 per ounce and $25.30 per ounce, respectively.  Price of spot gold was up 0.6% at $2,047.19 per ounce. Prices rose 2.7% in November. U.S. gold futures rose 0.5% to $2,067.00. price of spot silver rose 0.2% to $25.3. Platinum was steady at $926.96 per ounce and palladium lost 0.2% to $1,005.84 .

On Comex, Gold futures traded at $2,041 per troy ounce, up by $3.20 or 0.16% while silver futures were trading at $25.285, higher by 0.002 or 0.010%.

 

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