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Gold Rises to 18 Month high

Gold Prices hit new price in Mumbai on Wednesday tracking the movement in world’s market.Global Economic Recovery may stoke inflation and on a drop by the dollar that boosted demand for the metal. In International Market gold hovering around $1019.17 . In India its surges to 15980 per 10 gm. The US dollar slumped to a 9 month low of $ 1.47 against the Euro as investors move out of the safe haven currency.

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