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500 tons of scrap gold flooded bullion market in 2009
Gold may rise on the week, and, indeed, it really needs to do so, as the next week or so offers one of the year's two best shots at Indian buyers going to their stockists to...stock up on dowry goodies. One problem that has refused to go away for gold continues to be scrap sales. The first quarter of this year saw 500 tonnes of bullion make its way into induction furnaces around the world. Read News