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Wednesday, May 26, 2010

India's Q1 gold demand surges to 193.5 tonnes - WGC

India's total gold demand surged to 193.5 tonnes in the first quarter ending March from 24.2 tonnes a year earlier, the World Gold Council said on Wednesday.

Jewellery demand rose to 147.5 tonnes from 37.7 tonnes, while investment demand rose to 46 tonnes.

Total demand consists of both jewellery as well as investment demand.

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