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Bullion prices traded steady on Wednesday with spot gold price at COMEX was trading near $1860 per ounce while spot silver price at COMEX was trading marginally up at $27.74 per ounce in the morning trade.

Base metals prices traded lower on Wednesday with most of the metals continued downside move in the morning trade. Base metals traded lower on reports that China plans to release state reserves of Copper, Aluminium and Zinc in a programme set to last till the end of 2021.

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