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Gold plunges ₹3,900 to ₹1,25,800/10g as US Fed rate cut hopes recede

The precious metal of 99.5% purity tanked by ₹3,900 to ₹1,25,200 per 10 grams (inclusive of all taxes), according to the All India Sarafa Association. Silver prices were also under pressure as the white metal tumbled by ₹7,800 to ₹1,56,000 per kilogram (inclusive of all taxes).

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