Weather Gold prices
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ISSUE #106 (09 AUG 2002 - 15 AUG 2002)
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Gold prices have come down to mid-April levels, after briefly rising during the wedding season, to stabilise at around Rs 8,000 per 10 grams. Worked gold was selling for Rs 7,915 early this week and traders did not see a turnaround in the near future. Deregulation of gold imports in India and the slowdown in the local economy are some reasons for the downturn, traders said.
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