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A customer tries on a gold necklace inside a jewellery showroom in Hyderabad
Gold may rule at Rs 27,500 level in near term: Experts
Gold, which lost its sheen during last week due to weak global conditions, is likely to remain muted in the domestic market as well and rule in the range of Rs 27,500 per 10 grams, according to experts. "The precious metal will remain bearish due to weak international fundamentals like worsening European debt crisis and sharp losses in equity markets. This is likely to drive gold prices to rule
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