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Gold prices to hit Rs 55,000 per 10 gms by December; but these roadblocks may halt rally

Gold prices hit all-time high levels on MCX as investors rushed for safe-haven assets amid coronavirus pandemic and geopolitical tensions. Continuing the gaining spree, gold prices made a new high of Rs 51,150 per 10 grams on MCX in the previous session. Sugandha Sachdeva, VP-Metals, Energy & Currency Research, Religare Broking expects gold prices to …

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