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Rajesh Exports Says India Gold Demand ‘Moderate’ as Prices Rally
Aug. 08, 2011 10:02AM PST
Precious MetalsBloomberg reported that increased gold prices are creating only moderate demand for the metal in India.
Bloomberg reported that increased gold prices are creating only moderate demand for the metal in India.
The market news is quoted as saying:
Gold for immediate delivery jumped to a record $1,715.75 an ounce today after Standard & Poor’s cut the top U.S. credit rating.
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