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Commodity Market: Gold price shoots up

Mumbai: Sovereign gold prices edged higher in Kerala. Gold price is gaining after five days. In the last three  days, yellow metal price depreciated by Rs 440 per 8 gram. Today, sovereign gold is trading at Rs 46,400, up by Rs 200 per 8 gram.

On the Multi Commodity Exchange ( MCX),  gold futures were trading at 62,504 per 10 gram, down Rs 70 or 0.11%.  Silver futures were down by Rs 179 or 0.25% at Rs 70,415 per kg.

Also Read: Indian Railways to operate Aastha Special Train to Ayodhya from this city: Details 

In global markets, price of spot gold held its ground at $2,035.12 per ounce.  U.S. gold futures were also flat at $2,051.20 per ounce. Price of spot silver rose 0.1% to $22.41 per ounce, platinum was flat at $903.99, while palladium fell 0.1% to $949.83.

 

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