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India's Q3 gold demand up 10% at 210.2 tons; price to play key role in Dhanteras buying, ET Retail

Releasing the quarterly gold demand report, the World Gold Council (WGC) said India s gold demand increased to 210.2 tonnes during the third quarter of 2023 calendar year, from 191.7 tonnes in the year-ago period. Trade feedback is that consumers have accepted the Rs 60,000 per ten-gram price point, so a downward correction could trigger a significant jump in demand. Dhanteras is considered the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils, to other valuables. ....

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