http://bit.ly/RZHFLF
"After a lackluster buying trend for the past few months, physical demand for gold rose “dramatically” on Friday, says Barclays Capital, citing a report by Reuters. Jewelers and investors scaled-up purchases despite local record prices, the firm says. “Indian buyers bought into the rally ahead of several major gold-buying festivals amid concerns that prices could breach 35,000INR/10g following the announcement of QE3, raising the support level for gold,” Barclays says, citing the news report."
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