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Gold rush seen ahead of festivals

Posted on 18 October 2012

A correction in global gold prices accompanied by a strong rupee has pushed down gold prices in India, which has prompted a wave of buying in the country from the beginning of this week which marked the end of the inauspicious shradh paksh.
Bullion dealers and jewellers are stocking gold at this price for the upcoming festival season. Gold traders say there has been an increase in demand by 10% in October compared to the previous month which may go up further if there is a further correction in prices………………………………………..Full Article: Source


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