Tuesday, 3 May 2011
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India gold weakens on firm dollar index
Spot Gold settled 1.17% lower than the previous closing at $1545.35. But futures in the COMEX have recovered to tick new high of $1577.40 to settle 0.04% up from the prior, at $1557.10. However, in the MCX division the same has been closed by 0.85% lower than the previous. Dollar Index rose after a huge fall against basket of six major currencies, extending a rebound from the lowest level
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