Mumbai: Sovereign gold prices edge higher marginally in Kerala. Sovereign gold is priced at Rs 45,200, up by Rs 80. Price of yellow metal depreciated in the last 3 days.
On the Multi Commodity Exchange (MCX), gold futures were trading at Rs 60,866 per 10 gram, up by Rs 81 or 0.13%. Meanwhile, silver futures were trading at Rs 71,826 per kg, higher by Rs 528 or 0.74%.
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The MCX gold futures have declined by 60.25% or Rs 155 per 10 gram on the month-to-date basis while their gains in 2023 stand at 10.47% or Rs 5,768. As for Silver futures, the loss in November is around 0.52% or Rs 371 while the year-to-date gains stand at Rs 2.72% or 1,885 per kg.
In global markets, price of spot gold was up 0.2% to $1,985.99 per ounce. U.S. gold futures gained 0.3% to $1,993.80. price of spot silver eased 0.2% to $22.94 per ounce, platinum rose 0.6% to $925.97 and palladium rose 0.9% to $1,112.58.
On Comex, gold futures were trading at $1,992.80 per troy ounce on Thursday, up by $5.30 or 0.27% while silver futures were at $23.095, higher by $0.305 or 1.34%. The holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 0.24% to 861.51 tonnes.
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