Mumbai: Price of gold appreciated sharply in the commodity market. Sovereign gold is trading at Rs 4060, higher by Rs 200 per 8 gram. One gram gold is priced at Rs 5015, higher by Rs 25. Yesterday, price of yellow metal declined by Rs 320 per 8 gram.
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In the international markets, price of spot gold rose 0.2% to $1,780.63 per ounce. US gold futures were up 0.1% at $1,789.40. Among other precious metals, silver rose 0.2% to $23.09 per ounce, platinum gained 0.5% to $1,011.63 and palladium rose 1.1% to $1,810.51.
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