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Gold and silver futures dived on domestic bourses on Friday after surveys showed Chinese manufacturing activity held steady in January and services firmed.


Gold futures fell 0.93 per cent to Rs 40,692 per 10 grams, while silver futures were down 1.09 per cent to Rs 46,404 per kg.


Spot gold fell 0.1 per cent to $1,571.77 per ounce by 0124 GMT. For the month, prices were up 3.6 per cent. US gold futures declined 0.8 per cent to $1,570.70.



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