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Gold rebounds on profit-taking and dollar, but seen vulnerable

Updated : June 29, 2018 09:25 PM IST

Gold was on track for a third straight weekly decline, having slipped 1.4% so far this week.
Spot gold was down about 3.6% for the month, heading for its biggest monthly drop since November 2016.
Gold demand improved this week in India as prices fell to their lowest level in nearly three months, while demand elsewhere in Asia remained tepid as investors waited for prices to fall further.
Gold rebounds on profit-taking and dollar, but seen vulnerable
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