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Gold loses some glitter
The Daily Guardian
|November 07, 2024
Analysts foresee a possibility for gold prices to stabilise in the near term, as markets absorb the recent volatility surrounding the U.S. election.
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Mumbai: Gold prices fell by Rs 150 to Rs 81,150 per 10 grams in the national capital on Wednesday in line with weak global trends, according to the All India Sarafa Association. Subdued demand from jewellers and retailers also impacted the prices, the association said.
However, silver remained flat at Rs 96,700 per kg.
Gold of 99.5 per cent purity declined by Rs 150 to Rs 80,750 per 10 grams against the previous close of Rs 80,900 per 10 grams on Tuesday.
This story is from the November 07, 2024 edition of The Daily Guardian.
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