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'Gold price will not go up without India demand'
Back with Gold in 2009, meantime, "$850 is proving to be a magnet area for the metal, and without any physical interest from India's Gold Jewelry Buyers, gold is likely to oscillate below this price level for a while," says today's investment analysis from Mitsui in London – "particularly as the Dollar strengthens against the Euro in anticipation of rate cut by the ECB on Thursday. Read News