Mumbai: Gold price declined marginally in Kerala on Tuesday, July 30, 2024. Sovereign gold is priced at Rs 50,560, down by Rs 160 per 8 gram. One gram gold is priced at Rs 6320, down by Rs 20. Yesterday, yellow metal price edged higher by Rs 120 per 8 gram to Rs 50,720.
On the Multi Commodity Exchange (MCX), gold futures opened flat. Gold futures opened at Rs 68,272 per 10 gram, which is up by merely 0.01% or Rs 4. Silver futures were trading at Rs 81,450/kg, up by 0.2% or Rs 163. Gold prices have recovered by nearly Rs 900 from its low of Rs 67,400 per 10 gram in Thursday’s session while silver has been trading flat since then.
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In global markets, price of spot gold was down 0.1% at $2,380.31 per ounce. U.S. gold futures were little changed at $2,377.30. Among other metals, spot silver fell 0.6% to $27.69 per ounce. Platinum was flat at $948.55 and palladium dipped 0.7% to $897.50.
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