| From Commodityonline.com: The overheated futures and spot gold market in India on Tuesday lost steam as prices dropped in the wake of the fall of gold futures in the global market against gains made by the US dollar.
In early Asian trade, gold prices extended their downward trend in early Asian trade Tuesday mainly on continued profit taking by investors. Bullion was trading at $901.70 an ounce, down $1.45 from New York's notional close on Monday, when it dropped more than 2% in selling also driven by weak demand from the jewellery sector..... Full Article: Source
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