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Gold prices broke the psychological $1,200 an ounce mark on Monday on US Federal Reserve policymakers signalling the prospects of a US interest rate hike and reinvigorating the dollar.
After losing more than $100 in less than a month, futures of the yellow metal were trading at around $1,208 (7.30 pm IST). Jewellery shares such as TBZ, Titan, Gitanjali Gems, PC Jeweller and Thangamayil Jewellery may see buying interest.
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