Gold loses Rs 275
Mumbai, July 17: Gold prices ended lower by Rs 275 per 10 grams at Rs 13,285 for the second consecutive day on the bullion market here on Thursday on persistent offerings from stockists following overnight weak global trend.
Smart recovery in equity markets and steep fall in global crude oil prices below $134 a barrel reduced these precious metals appeal as a hedge against fuel-led inflation.
This forced traders to sell these metals at hi...
7/17/2008 5:45:36 PM
Business
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