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A salesman arranges a gold necklace inside a gold jewellery showroom in Kochi

Gold crosses Rs 30,000-level
New Delhi: Gold prices breached Rs 30,000 mark for the first time on Saturday on heavy buying by stockists and retailers amid strong overseas trend, triggered by global financial uncertainty which has increased the metal's appeal as a safe investment haven. Gold shot up by a hefty Rs 960 to touch a record high of Rs 30,300 per 10 grams in line with global rally where it jumped the most in ten months.

Gold vaults 4 % for biggest 1-day rise in 3 years

Gold surged 4 percent on Friday, its biggest one-day rise in more than three years, as a surprisingly weak U.S. payrolls report added to fears about a global economic slowdown and fuelled talk of

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Gold prices hit record high, seen dampening demand

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Indians stay away from gold despite price drop

MUMBAI (Reuters) - Gold prices in India eased on Friday on a drop in overseas markets and a stronger rupee, although the correction wasn't compelling enough to change sentiments of consumers hurt

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Gold declines by Rs 130 to Rs 29,340 on sluggish demand

News Delhi: Gold prices today tumbled by Rs 130 to Rs 29,340 per 10 grams in the bullion market here on Tuesday due to slackened demand at prevailing higher levels amid a weakening global trend.

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Gold heads for weekly loss on euro zone woes

Gold slipped on Friday, on course for a second straight week of losses, as a weaker euro sapped appetite for bullion amid the debt crisis in Europe while investors awaited a key U.S. employment report

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