After India the world's second largest gold consumer China dominated the economic slowdown and because of this demand for gold has been increased.
China's Central Bank has increased its gold reserves to 16 tonnes during August due to the economic slowdown....
Read more here- MCX Gold Call: Go For Buy in Short Term
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The Sensex is up 312.81 points or 1.2 percent at 26533.76 and the Nifty is up 84.95 points or 1 percent at 8035.85.
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