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India gold purchases up 113% since 2007
in Current Affairs & Latest News
Indians purchased 353 tonnes of gold till the end of November, 2010, as against 168 tonnes in the whole of 2007 globally
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    In value terms, the country's demand for gold went up to Rs 1,13,302 crore from Rs 53,196 crore, translating into a 113 per cent increase.
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    Record gold prices have not curbed Indian investors' appetite for the precious metal as a safe haven to park their savings even India gold purchases up 113%
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