Gold price in international market is trading in the range of $1830 to $1880 per ounce levels, said commodity market experts
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Gold price on Friday dipped ₹195 per 10 gm on Multi Commodity Exchange (MCX) and closed at ₹48,864 per 10 gm whereas silver price shed 0.53 per cent and closed at ₹65,620 per kg levels. As per commodity experts, this dip in gold and silver price is more a profit-booking than anything else. They said that gold price had hit 9-month high last week and hence profit-booking was expected. They advised investors to take this dip as a buying opportunity because precious yellow metal is trading in the profit-booking range of $1830 to $1850 per ounce in international market.