Mumbai: Price of sovereign gold appreciated again in Kerala. Sovereign gold is priced at Rs 64,440, higher by 8 gram. One gram gold is trading at Rs 8055, up by Rs 10. Yesterday, gold price remained unchanged. Gold price touched fresh all-time high of Rs 64,560 on February 20.
In other major markets, gold prices experienced a modest decrease on Monday. The cost of 24 carat gold is Rs.8793.3 per gram, reflecting an decrease of Rs 10. The cost of 22 carat gold is 8061.3 per gram, a fall of Rs 10. The price fluctuation of 24 carat gold over the past week is recorded at -0.87%, while over the last month, the change stands at -5.68%. The current price of silver is 103500 per kg, reflecting an decrease of 100 per kg.
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In the Multi Commodity Exchange (MCX), gold April futures contracts opened flat today at Rs 85,970 per 10 grams. The prices were down by 0.05% or Rs 40. Meanwhile, silver March futures contracts have surged by Rs 700/kg, opening at Rs 96,265/kg Today. The same was slightly up by 0.07% or Rs 65 from their Friday’s closing price. In the last week, gold prices remained volatile, surging overall by Rs 900/10 grams on MCX as Gold
In global markets, price of spot gold was steady at $2,934.82 an ounce. U.S. gold futures dipped 0.1% to $2,950.10. Gold scaled an all-time high of $2,954.69 on Thursday. Price of spot silver was down 0.1% to $32.58 an ounce. Platinum added 0.7% to $976.25, and palladium firmed 0.4% to $972.93.
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