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India exports 30 tons gold coins, scrap gold to Dubai
High gold prices, slumping jewellery sales and rising stock market conditions are prompting several Indian bullion dealers to export scrap gold and gold coins to several destinations in the Middle East, especially to Dubai. the last five months months-January, February, March, April and May-of 2009, India exported nearly 30 tons of gold coins to Dubai, the City of Gold, which has several large India-based gold jewellery show rooms.
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