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Print Print edition: 2011-08-07

Gold price recedes

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Gold prices on Saturday receded to Rs 53,500 per tola following a small decline in the yellow metal''s international price to $1664 an ounce, traders said. Gold had soared to Rs 53,650 per tola on the local market just a day back but went down by Rs 100. The price of gold per 10 grams fell to Rs 45,900 from Rs 45,985, they said.

Copyright Business Recorder, 2011

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