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India Gold Demand Stays Firm as Lower Prices Spur Festive Buying

India's gold market remained firm this week as lower domestic prices drew festive buying, while demand in China remained subdued. Domestic prices were around 137,000 rupees ($1,455.16) per 10 grams after falling to 135,530 rupees.

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06:32:27 AM UTC
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ASIA GOLD-India gold demand stays firm as lower prices draw festive buying Dealers quote up to $8/oz

By Sukanya Mitra and Rajendra JadhavIndia's gold market stayed firm this week as lower domestic prices drew festive buying, while demand in top consumer China remained subdued.In India, domestic gold prices (MAUc1) were trading around 137,000 rupees ($1,455.16) per 10 grams after falling to 135,530…

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