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Gold falls 21.4% globally from January peak, but rupee depreciation limits India's decline to 14.9%

Gold falls 21.4% globally from January peak, but rupee depreciation limits India's decline to 14.9%
Image: Moneycontrol

Based on the Axis Mutual Fund report, domestic gold prices were supported by the rupee's depreciation against the US dollar and the increase in gold import duty.

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