Gold futures stayed steady near the highest level in more than a week on Tuesday, supported by the declining rupee in the aftermath of a political crisis and as importers were unwilling to book the yellow metal.
As quoted in market news:
In the overseas market, gold hovered near a 2-1/2-week high on Tuesday, as nervousness around an upcoming vote on a levy on bank deposits in Cyprus supported safe haven interest in gold, but investors were skeptical about such support being sustained.
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