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Commodity Talk: US rate cut going beyond March to diminish gold’s appeal, says MOFSL’s Manav Modi
Manav Modi says: "According to a recently released annual report, gold by the end of the year could test levels of $2,260 per troy ounce on the COMEX and Rs 69,000 per 10 gram on domestic bourses. For silver also, its demand as an industrial metal has increased in the past few years and hence any uptick in overall infrastructure or growth could benefit metals prices as well."