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Gold may head towards USD 1,270/oz: IIFL

Tarang Bhanushali of IIFL believes that in the international market, gold prices would head towards USD 1,270 per ounce. In the domestic market, the prices have been supported by the fall in the rupee against the dollar. On intraday basis one can short gold for a level of Rs 27,550 per 10gm.

first published: Aug 6, 2013 11:38 am

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