April 25, 2011 1:07 PM

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Gold price at new record high

Gold prices have hit a new record high of Rs 22, 815 per 10 grams, riding high on the firming global trend and buoyed by a weaker dollar and increasing tension in the Middle East and North Africa. Investors have been buying the precious metal as a safe haven investment to guard against inflation and recent geopolitical turmoil.

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