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'Severe shortage' pushes India gold premiums back to $130 an ounce

Frik Els | December 02, 2013 | 6:21 pm Precious Metals Asia Gold 

India's finance ministry fighting a crippling current account deficit and a weakening currency has tried various ways to slake the country's insatiable thirst for gold. Gold import duties have been pushed up tenfold – from 1% at the start of...

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