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Gold continue to ride to achieve Rs.17000

Gold Prices hit all time high of Rs.16980 per 10gm in the bullion Market on Wednesday in tandem with global market. In the Global Market metal crossed $1115 an ounce. Marketmen expect gold prices to cross the Rs.17000 level on sustained buying. Gold has been under buying pressure for the ongoing heavy marriage pressure season and on a record setting spree ever since the Reserve Bank of India bought 200 tonnes of gold fromt the International Monetary Fund early this month.
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