Gold price drops Rs 2,800 to Rs 1.62 lakh/10g

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New Delhi, May 26: Gold prices declined by Rs 2,800 to Rs 1.62 lakh per 10 grams in the national capital on Tuesday as military tensions between Washington and Tehran drove investors towards the US dollar. According to the All India Sarafa Association, gold of 99.9 per cent purity depreciated by Rs 2,800 to Rs 1,62,400 per 10 grams. (PTI)

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