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Indian households hold over $950 bln of gold: Macquarie

Posted on 05 December 2011

India’s innate fascination with gold continues as Indian households hold gold worth over $950 billion which in turn is around 50 per cent of the country’s GDP in dollar terms, says a report.
Gold consumption is part of India’s culture and tradition and the country is the world’s largest consumer of gold, followed by China………………………………………..Full Article: Source


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