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Gold slumps to three-month low

Gold slumps to three-month low

The strengthening of the US dollar and expectations of the US central bank raising the interest rate next month after nearly a decade weighed on the price of precious metals today. Consequently, gold slumped by Rs 500 to Rs 48,000 per tola and silver by five rupees to Rs 675 a tola compared to Tuesday’s price list. The prices of the precious…
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