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Top-quality, pure saffron is selling for INR4,950 per 10g this year, compared with INR800 for the same amount of silver varq. Prices for gold leaf are still commanding a premium at INR59,000 per 10g, up 40% from last year. Saffron has become more expensive since gaining a geographical indication tag indicating its origin and qualities, with prices hitting INR4.9 lakh ($6,821) per kilogram, up from INR2.8 lakh last year.

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