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Wgc Managing Director India Ajay Mitra

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  • Business

India's quarterly gold demand declines 23%

India, the world's largest importer of gold, saw a sharp decline in demand for the first time in five quarters in July-September. The demand fell 23 per cent year-on-year from 263.9 tonnes to......

Gold rush in India has now become a sprint

The rush for gold seems to be keeping pace with the sharp increase in prices of the yellow metal. Consider this: India Post is targeting to cash on the Diwali season and sell about one tonne of......

Gold demand to remain upbeat this year

Stable prices, seasonal festivals and a stronger rupee are likely to keep India's gold demand strong this year, say analysts. Gold prices have been moving between $1,090 and $1,167 an ounce in the......

Prices to hit gold jewellery demand: WGC

Sky-high gold jwellery prices will haunt buyers in 2010 also though India is better placed than its global peers, where people are slowly turning back to purchases, according to World Gold Council.......

Rs 9,000-cr gold sold during Diwali week

Gold worth about Rs 9,000 crore (Rs 90 billion) was sold during the Diwali week, 39 per cent more than a year earlier, as festive demand and the safe haven status of the precious metal beat high......

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