Gold demand could fall to three-year low as prices hit record high

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Gold demand could fall 10% in 2019 from a year ago to the lowest level in 3 years as a rally in local prices to a record high dents retail purchases during festive season, head of an industry body told Reuters. Lower purchases by India, world’s second biggest consumer after China, could limit a rally in global prices that hit a 6-year high earlier this week.



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