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PDAC coverage: Gold

Posted on 03 March 2009

From Resourceinvestor.com: Every silver lining has a cloud, and sky-high gold prices are no exception. While on the upside, the investment fund interest has driven the price for one ounce of the yellow metal above US$900, the downside is that the price spike has put a damper on physical demand, notably imports of gold into India in 2008.

Many families in India tend to hold family wealth in gold assets, in the form of jewelry….. Full Article: Source


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