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 Gold and silver prices gained in early trade on Tuesday as traders took refuge in bullion counters amid surging virus cases in Europe that threatened more restrictions on movement and businesses.

Gold futures on MCX NSE -0.89 % were up 0.12 per cent or Rs 62 at Rs 50,533 per 10 grams. Silver futures advanced 0.74 per cent or Rs 452 to Rs 61,768 per kg.

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