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Commodity Market: Gold price slips down marginally

Mumbai: Price of sovereign gold depreciated marginally in the Kerala market. Sovereign gold is trading at Rs 36,680, up by Rs 80 per 8 gram. One gram gold is priced at Rs 4585, higher by Rs 10.

On Multi Commodity Exchange (MCX), gold futures were trading  Rs 140 or 0.3% at Rs 49,240 per 10 gram. Gold futures closed at Rs 49,380 per 10 gram on Friday. Silver futures were trading at Rs 56,841 per kg, up 121 or Rs 0.21%.

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In the international market, price of spot gold was up 0.2% at $1,677.89 per ounce.  U.S. gold futures rose 0.2% at $1,686.50.

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