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Wednesday, July 1, 2009

India gold dealers tap domestic stocks

Indians are set to begin trading on Tuesday on the country’s new gold bullion market in a move likely to mobilise the thousands of tonnes of the precious metal that people keep hidden under their beds as savings.
The National Spot Exchange, controlled by Financial Technologies, the Indian market company, will begin offering contracts for domestic gold bullion, ranging in size from 8g to 1kg.


for details visit
http://www.ft.com/cms/s/6d87233e-64d3-11de-a13f-00144feabdc0,dwp_uuid=a6dfcf08-9c79-11da-8762-0000779e2340,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F6d87233e-64d3-11de-a13f-00144feabdc0%2Cdwp_uuid%3Da6dfcf08-9c79-11da-8762-0000779e2340.html&_i_referer=http%3A%2F%2Fwww.ft.com%2Fworld%2Fasiapacific%2Findia


posted by srikanth....july1

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