New graphics card

I wanted to buy a new graphics card for my computer, i currently have a nvidia 9400 gt, i want a graphics card below $150, at the max i can stretch to $175. I want to be able to play most of the latest games.

I have a Intel(R) Core(TM)2 Duo CPU E4500 @ 2.20GHz with a gigabyte s-series motherboard and presently 2gb ram.
Please suggest a compatible,good graphics card.
thank u in advance :)
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