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India sold 52 metric tons of gold during Diwali. Wedding season and a pullback in prices have sent demand surging. With gold at these levels and physical buying this strong, buyers are stepping in on dips, so don’t rush to turn bearish. Maybe I’m wrong and I’ll end up eating my words.

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GLDXGLDX-0.40%
PAXGPAXG+0.37%

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ShortMaster
Is 52 tons a year-on-year figure or a month-on-month figure?

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