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Gold tops Rs 30000/10 grams again; losing sheen

As growth slows and expectations of rate cuts rise, Aditya Puri, managing director of HDFC Bank, says that while some room for rate easing has opened up, any dramatic reduction in rates is unlikely.

Inside an IKEA store in Stockholm, Sweden
Inside an IKEA store in Stockholm, Sweden
Gold prices in India edged higher to reclaim the keenly-watched 30,000-rupees mark on Tuesday owing to a slight weakness in the rupee, driving away physical traders in a seasonally dull demand period.
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