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MARKETS-ECONOMIC TIMES · INDIAN ·

Gold falls below pre-duty-hike levels as overseas prices drop

As reported by Markets-Economic Times
Gold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more buyers to return to the market. Dealers anticipate higher demand and increased gold imports into the country. The recent increase in import duties had previously dampened demand, but this correction may revitalize the market.
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