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Investors shun gold as poor monsoon spoils rural demand – Economic Times

Written By: Latest News - Jul• 04•12
Investors shun gold as poor monsoon spoils rural demand
Economic Times
A large section of traditional gold investors has moved to equity markets that rose by 9% in June compared to 2% rise in gold prices. "Weak monsoon will most likely hamper gold demand in rural India, which usually contributes 60% to total consumption

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