Mumbai: Sovereign gold prices edged higher in Kerala. Sovereign gold is trading at Rs 47,120, up by Rs 320 per 8 gram. One gram gold is priced at Rs 5890, up by Rs 40.
In major cities of India, the price of 24 carat gold is Rs.6440.0 per gm up by Rs.440.0. The cost of 22 carat gold is Rs.5905.0 per gm up by Rs.400.0. The price change in 24 carat gold in the last one week has been -0.75%, whereas in the last month it has been -0.52%.
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On the Multi Commodity Exchange (MCX), gold futures were trading at Rs.63269.0 per 10 gram down by 0.189%. Silver futures were trading at Rs.75450.0 per kg down by 0.845%.
In global markets, price of sppot gold was up 0.2% at $2,068.95 per ounce. It has risen 14% so far in the year, heading for its biggest annual gain since 2020. U.S. gold futures fell 0.2% to $2,078.70 per ounce. Price of spot silver rose 0.2% to $23.83 per ounce, but looked set to the end the year largely flat.
Price of Platinum was steady at $1,002.50 per ounce, a near six-month high, while palladium rose 0.1% to $1,133.73. Both autocatalytic metals were on track for a yearly decline, with palladium down 37% – its biggest since 2008.
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