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Gold prices may witness correction by Nov end: Experts

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October 12th, 2008 · No Comments

“Gold may witness some correction amid high volatility. Gold prices may hover around Rs 12,000-13,000 per 10 grams by November-end,” industry expert, Bhargav Vaidya, told media here on Sunday. The high prices of gold have severely hit demand for coins and bars in India.

“We have witnessed a poor demand due to high prices this festive season. Demand will increase only if prices start easing,” Vaidya said.

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