International gold edges lower; strong dollar weighs

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International gold edges lower; strong dollar weighs
Overseas gold edged lower on strong dollar and renewed worries over a Greece financial aid weighed on sentiments.

Euro fell to two-month low against the dollar after the eurozone and International Monetary Fund( IMF) failed to come out with conclusion on Greece debt restructuring. International gold was seen trading at $1,722 an ounce.

As on November 12, gold prices for 99.9% in major cities were prevailing around Rs 32,170 in Mumbai, Rs 32,245 in Ahmadabad, Chennai spot gold was seen at Rs 32,200 per 10 grams and Delhi spot gold was seen highest at Rs 32,485 per 10 grams.

Read more about: gold, euro, imf, dollar
Story first published: Tuesday, November 13, 2012, 14:40 [IST]
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