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any changes in the group's production.Gold attempted a rebound but fell below USD 1,200 for the first time since mid-February, as the US dollar soared.
The slide in both gold and silver continued unabated for the third day largely in tune with a weakening trend overseas amid tepid demand from jewellers andretailers in the domestic spot markets
According to Sushil Finance, We expect gold prices to trade negative on the back of hawkish statements by US fed chairman Yellen.
Watch the interview of Sumeet Bagadia OF Choice Broking with Manisha Gupta on CNBC-TV18. He spoke about the current trend in commodities markets.
Watch Manisha Gupta of CNBC-TV18 speaking about the current trend in commodities markets and currency market action.
Gold fell to its lowest in over three months early on Monday as the dollar hit a one-month high against the yen after U.S. Federal Reserve chief Janet Yellen said the central bank could raise
surge to seven-month highs while others worried about higher production with the market hovering near USD 50 a barrel. Gold slid 1 percent to a three-month low, extending losses as the Fed rate hike
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