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Gold falls Rs 80 to Rs 60,120/10 gm; silver plunges Rs 800
The Federal Reserve's potential to continue tightening monetary policy helps the dollar gain some momentum, which is seen as a major factor weighing on the price of gold.In futures trade, the October contract of gold declined by Rs 50 to Rs 59,370 per 10 grams in afternoon deals on MCX. Silver futures also declined by Rs 225 to Rs 71,043 per kg on MCX