Gold prices retreat sharply ahead of Rakshabandhan, down Rs 1,300 per 10 grams

Gold prices traded lower on August 27 as investors booked profits after the metal touched a near three-month high last week. The COMEX gold futures slipped 0.28 percent to $4,640.20 per ounce (13:20 GMT) during the intraday trading on Augus
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