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Gold prices hit Rs 25,700 mark

Wed, Nov 18, 2015, 02:56 PM
Hyderabad, Nov 18: Gold prices slumped to their lowest since 2010 today as the dollar rose. Gold prices also fell even as investors braced for the first US interest rate rise in about 10 years next month.

Meanwhile, silver dropped to a fresh 2-1/2-month low and platinum tapped a seven-year low.

Spot gold prices hovered around Rs 25,100 per 10 gram today.

Gold price on Tuesday plunged by Rs 450 to trade at almost four-month low of Rs 25,700 per 10 grams at the bullion market, tracking a weak global trend amid subdued demand from jewellers and retailers.
Agency: Ap7am Desk

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