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The structural and magnetic properties of the polyethylene glycol (PEG) coated cobalt spinel ferrite (CoFe2O4) nanoparticles have been reported in the present study. CoFe2O4 nanoparticles were prepared by sol-gel autocombustion method using citric acid + ethylene glycol as a fuel. The prepared powder of cobalt ferrite nanoparticles was annealed at 600°C for 6h and used for further study. The structural characterization of CoFe2O4 nanoparticles were carried out by X-ray diffraction technique. The X-ray analysis confirmed the formation of single phase cubic spinel structure. The crystallite size, Lattice constant and X-ray density of the PEG coated CoFe2O4 nanoparticles were calculated by using XRD data. The presence of PEG on CoFe2O4 nanoparticles and reduced agglomeration in the CoFe2O4 nanoparticles were revealed by SEM studies. The magnetic properties were studied by pulse field hysteresis loop tracer technique at a room temperature. The magnetic parameters such as saturation magnetization, remanence magnetization, coercivity etc have been obtained. These magnetic parameters were get decreased by PEG coating. [ABSTRACT FROM AUTHOR]