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The next few weeks would be crucial to decide the severity of Omicron, after the holidays end. Any trigger will prove to be an upper breakout for gold prices, said Ravi Singh, Vice President & Head of Research at ShareIndia.
Gold has support at Rs 47700-47550 and resistance at Rs 48000-48180 while silver has support at Rs 61500-61300 and resistance at Rs 62220-62700, said Manoj Kumar Jain, Prithvi Finmart Commodity Research.
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