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Gold gains over 5 per cent on weekly basis amid pull back in crude prices

According to data from the India Bullion and Jewellers Association, the price of 10 grams of 24-carat gold increased to Rs 1,42,942 on Friday, up from Rs 1,35,141 at the beginning of the week

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Gold prices recorded a strong weekly gain of 5.77 per cent, supported by ongoing geopolitical tensions and a pullback in crude oil prices. The rise reflects renewed investor interest in safe-haven assets amid global uncertainty and shifting commodity trends, reported news agency IANS.

According to data from the India Bullion and Jewellers Association, the price of 10 grams of 24-carat gold increased to Rs 1,42,942 on Friday, up from Rs 1,35,141 at the beginning of the week, reported IANS.

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