Gold hits 10-month low, attracts bargain buyers

MUMBAI: Gold extended losses to hit its lowest level in ten months on global cues, attracting bargain hunters in the wedding season. 

At 0844 GMT, the most-active gold for June delivery on the Multi Commodity Exchange(MCX) was 140 rupees lower at 29,465 rupees per 10 grams, after hitting a low of 29,357 rupees, a level last seen on June 1. 

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