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Commodities Briefing - Categorized | Bullion/Gold, Market Moves

India could buy rest of IMF gold on offer

Posted on 26 November 2009

From Mineweb.com: India is open to buying more gold from the International Monetary Fund following its purchase of 200 tonnes earlier this month, the Financial Chronicle newspaper said on Wednesday, helping to drive gold prices to an all-time high.

But India’s central bank governor, Duvvuri Subbarao, declined to comment on whether the bank would buy more gold from overseas, however………………………….Full Article: Source

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