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World gold prices have yet to break through to new highs, and have even fallen back to around $4,149 per ounce in this morning's trading session.
Gold prices in Delhi dropped to Rs 1.48 lakh per 10 gm, extending losses due to subdued local demand, weak global trends, and anticipation of US Fed rate hikes.
Gold prices in Nigeria have recently declined to approximately N180 000 per gram including retail markup fees This fall in local gold prices occurred amidst a strengthening Nigerian currency and