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India Needs Long-Term Policy On Gold: Somasundaram PR

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October 10: World Gold Council’s Somasundaram PR says Q4 is traditionally the best quarter for gold. He sees robust gold demand growth in the festive season, with imports expected to stabilise at this time. “Restricting gold supply could lead to undesirable consequences,” he says, adding that the Indian government needs to moderate gold demand not restrict or curb it altogether.