November 26, 2009 9:12 AM

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Gold touches historic peak of Rs 18000

Gold crossed another all time high of 18,000 rupees per ten gram in the national capital yesterday on the back of high demand and depreciating dollar. According to the traders the higher prices in the market indicate that spot prices of Gold will further rise.The gold has rallied 11 per cent after India bought 200 metric tons of gold from the International Monetary Fund in October. Mauritius, Sri Lanka and Russia have followed suit since then.

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