Mumbai: Price of sovereign gold edged lower sharply in the Kerala market. Yellow metal slipped down by Rs 440 per 8 gram to Rs 36,960. Gold price remained unchanged yesterday.
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On the Multi Commodity Exchange (MCX), gold futures dropped by 1.17% to Rs 50,290 per 10 gram. The cost of 22k gold in Bangalore is Rs 47900 per 10 gram and that of 24k gold is Rs 50300 per 10 gram.
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