Mumbai: Price of gold remained unchanged for second straight day in Kerala. Sovereign gold is priced at Rs 45,240 per 8 gram and Rs 5655 per 1 gram. On Friday, yellow metal gained by Rs 480 per 8 gram. In the last five days, yellow metal gained by Rs 880 per 8 gram.
On the Multi Commodity Exchange (MCX) gold futures settled at Rs 60,759 per 10, up by Rs 37 or 0.06%. Silver futures ended at Rs 73,411 per kg, higher by Rs 51 or 0.07%. Gold futures on the MCX have declined by 0.35% or Rs 115 per 10 gram on the month-to-date basis. They were up by 10.37% or Rs 5,705 on the year-to-date basis. Meanwhile, silver futures have gained nearly Rs 1,691 or 2.36% in value terms in November while gaining by 5.69% or Rs 3,947 on the YTD basis.
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In global markets, price of spot gold was up 0.2% at $1,984.26 per ounce. U.S. gold futures were steady at $1,987. Gold is up 2.5% so far this week. Price of spot silver rose 0.6% to $23.83 per ounce, while platinum was flat at $892.58. Palladium eased 0.2% to $1,035.77 per ounce.
On Comex, Gold futures were trading at $1,988.10 per troy ounce on Friday, up by $0.80 or 0.04% while Silver futures were trading at $23.895, lower by $0.038 or 0.160%.
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