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Bullion loses sheen as some factories in China reopen


Gold and silver futures slipped in early trade on domestic bourses on Tuesday as some factories in China opened. The rise in equity markets also put pressure on the precious metals.

Meanwhile, mounting death toll from coronavirus in China remains an overhang on the global economy and could support bullion counters in the coming days.

Gold futures were trading at Rs 40,470 per 10 grams, down 0.51 per cent, while silver futures dipped 0.41 per cent to Rs 46,040 per kg.

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