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The gold market s great migration sends bullion rushing east

Gold s allure to dim in India as inflation, patchy rains bite

Spot gold prices globally have fallen about 9% this year and plunged to the lowest since 2020 last week.

India s pandemic recovery means golden days ahead for jewellers

Wedding invites have been sent and the festival season is expected to be lively. That’s good news for India’s gold jewelers, as a reprieve in the pandemic means they can eye a recovery in their most lucrative sales period.  In the final quarter, Indians usually boost their purchases of gold ornaments for marriage celebrations, while sales of coins and bars for investment surge

CCTV Script 13/07/21

CCTV Script 13/07/21 CNBC 12 hrs ago This is the script of CNBC s news report for China s CCTV on July 13, 2021, Tuesday. Popular Searches More than 400,000 Indians have lost their lives due to COVID-19 and an increasing number of people are slipping into poverty. Azim Premji University s calculation shows the number of people who earns less than the minimum wage, which is $5 a day, has swelled by over 200 million. And Indian Express estimates in a recent report that between 150 and 199 million Indians will fall back under the poverty line this year due to the pandemic, which means almost half of the country s population are in poverty.

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