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Gold loses sheen, drops Rs 300 on demand slump, global cues

Thu 30 Mar 2017, 18:41:55

Gold prices tumbled by Rs 300 to Rs 29,250 per 10 grams at the bullion market today, tracking a weak trend overseas amid fall in demand from local

jewellers. Silver, however, strengthened by Rs 50 to Rs 42,300 per kg backed by increased offtake by industrial units and coin makers.

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