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>> RESERVE BANK OF INDIA Latest News

FEB 18, 2013 - Zero Hedge

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Shanghai Gold Exchange Volume Soars To Record As India Gold Imports Surge To 18 Month High

While the recent move in gold lower, attributed primarily to the fickle rotations of assorted hedge funds who have gotten crushed on their AAPL holdings and thus forced to liquidate profitable positions mostly in ETFs and other paper gold representations (as demand for physical precious metals has never been greater), has seen many pundits scream (as they do every year) that the move higher in gold and precious metals is over, what everyone as usual forgets is that the big move up in gold in 2011 was not driven by Soros or Paulson or Einhorn buying (or selling) laughable amounts of the ... Read More

Tags: Shanghai Gold Exchange Volume Soars To Record As India Gold Imports Surge To 18 Month High,  Reserve Bank Of India Latest News