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It’s been reported that Gold dealers in India are stocking up on gold bullion in order to meet the demand of the forthcoming festival and wedding season.
India is the world’s largest consumer of Gold and experts are predicting that, with gold prices at their highest level for more than six weeks, there could be a rush to stockpile supplies.
The period between October and December are traditionally the most buoyant for the Indian gold traders because of the Diwali, the festival of light and the wedding season. |