ZOID RESEARCH 12-SEP-2014 :GOLD

Gold prices fell even though U.S. President Barack Obama authorized air strikes against Islamic State and more sanctions on Russia will be unveiled on Friday. Safe-haven demand has faded after Ukraine said on Wednesday Russia had removed the bulk of its forces from its country.On the MCX, gold prices declined by around 0.71 percent and closed at Rs.26986/10gms.


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