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Gold import likely to dip

Last Updated 29 July 2009, 17:06 IST

“Gold imports during July will be only around 4-5 tonnes due to ruling high prices.” Bombay Bullion Association Director Suresh Hundia told PTI. Gold is ruling over Rs 14,990 per 10 grams level in the spot market and on leading commodity exchange MCX gold for August was trading at Rs 14,724 per 10 grams.

In the global markets gold   was trading at 936 dollars an ounce (28.34 grams).

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(Published 29 July 2009, 17:06 IST)

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