Mumbai: Price of gold edged higher marginally in the commodity market. On the Multi Commodity Exchange (MCX), gold futures is trading marginally higher by 0.05% or Rs 23 at Rs 50,343 per 10 gram. Silver futures traded higher by 0.18% or Rs 102 at Rs 55,829 per kg.
In the international market, price of gold was flat at $1,711.00 per ounce. US gold futures fell by 0.1%to $1,708.80. Among other precious metals, silver climbed by 0.2% to $18.77 per ounce, platinum rose by 0.5% to $879.02 and palladium climbed by 1% to $1,895.17.
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In the Kerala market, price of sovereign gold is at Rs 37,120, higher by Rs Rs 80 per 8 gram. One gram gold is priced at Rs 4640, up by Rs 10.
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