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Commodity Market: Gold prices slips down marginally

Mumbai: Price of gold edged lower in the Kerala market. Sovereign gold is trading at Rs 44,600, lower by Rs 240 per 8 gram. Price of yellow metal gained in the last two days.

Also Read: Foreign exchange reserves of India touch 9-month high 

In the international markets, gold prices slipped as the dollar steadied. Spot gold was down 0.1% at $2,003.33 per ounce. U.S. gold futures fell 0.2% to $2,014.80. Among other precious metals,  silver fell 0.2% to $25.23 per ounce, while platinum was flat at $1,093.16 and palladium rose 0.2% to $1,589.90.

 

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