New Delhi, May 27 (PTI) Spot gold markets remained shut for trading on Wednesday due to countrywide lockdown to prevent spreading of COVID-19, according to HDFC Securities.

In the international market, gold was quoting marginally lower at USD 1,708 per ounce and silver at USD 17.04 per ounce.

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"Gold prices traded in narrow range despite mounting tensions between US and China. The rally in equity indices pressured gold prices," HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

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