Gold hits another record, demand plunges | Reuters

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MUMBAI (Reuters) – Indian spot gold prices hit a record high on Friday tracking overnight gains in the world market and on a weak rupee, dampening demand and boosting scrap supplies.

 

* Spot gold prices in Mumbai moved above 31,000 rupees per 10 grams for the first time on Friday morning, although they eased a bit in the afternoon, taking cues from a similar trend on the world market. …

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