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BUSINESS STANDARD

Despite being shunned by international investors, Indians continue to bet on gold

Through centuries, nations have prized gold for its lustre, rarity and more importantly, its performance as a store of wealth. Not any more. The last two decades have been filled with tribulations for gold.

After a brief fling with $850 a troy ounce in the eighties, gold prices have come hurtling to $260 a troy ounce. It

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First Published: Jul 23 2001 | 12:00 AM IST

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