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Gold touches Rs.34,600 per 10 grams

The yellow metal had touched Rs.32,585 per 10 grams in the domestic bullion market on Tuesday.

Gold jewellery

The rupee depreciating to new lows, along with a supply crunch, have led to gold prices spiralling to new highs.

The partially-convertible rupee slumped to a new low of 68.75 against the dollar Wednesday. 

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