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Industry & Economy
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Gems & Jewellery
Safe haven
—A. Roy Chowdhury
Sub-prime woes, $ fall: A goldsmith making a bangle in Kolkata on Wednesday. Higher prices have discouraged consumers in the country from buying, particularly after they touched Rs 10,000 for 10 gm. Globally, the weakening of the dollar and sub-prime crises have forced investors to seek save haven in the yellow metal and it has resulted in prices ruling above $800 a tonne.
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