Rising Rupee likely to cap gold prices at Rs 29,400: Analysts
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Rising Rupee likely to cap gold prices at Rs 29,400: Analysts

Mumbai : India | Jul 15, 2012 at 8:08 AM PDT
Source: The Economic Times
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The recent spurt in the rupee is likely to curb the upside movement of gold at about Rs 29,400 per 10 grams level this week even as it firmed up in the global markets due to the weakening of the US dollar. The rupee strengthened last week against the greenback following heavy dollar selling by exporters,... FULL ARTICLE AT The Economic Times
 
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