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  • casesuzz casesuzz Aug 21, 2014 9:45 AM Flag

    Weak monsoon will hit gold demand in rural India, says WGC

    Gold demand in rural India is expected to be lower this year with weak monsoon affecting household savings, according to the World Gold Council. “Rural demand is not looking absolutely great now because rural household savings are coming down even though it is being expected that monsoon will be back to normal,” WGC India Managing Director Somasundaram P.R. told reporters on the sidelines of an Assocham event.

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