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India overtakes China as the world’s largest gold consumer

The Q3 Gold demand Trends Report published by the World Gold Council (WGC) for the third quarter of 2014 indicates that India has regained its position from China as the world’s largest gold consumer. The country bought 225.1 tonnes og gold in ...

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Gold loses appeal in India

Gold as investment has lost sheen in India. The data for past few months clearly suggest that gold as an investment has lost customer confidence. Physical gold demand has declined sharply. Outflow from gold Exchange Traded Funds (ETFs) has accelerated. With hopes ...

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