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India gold buying continues; premiums edge up

Posted on 27 October 2010

From Reuters: India gold buying edged up on Tuesday afternoon as prices steadied, pushing premiums higher, with traders awaiting clear direction ahead of a slew of data from the U.S., dealers said.
“There were a few deals at $1,340-1,341 (an ounce), they all want to stock up for festivals,” said a dealer with a state-run bullion importing bank in Mumbai……………………………………….Full Article: Source


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