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Gold purchases jump 30 percent on 21 percent price drop, 52 tonnes sold this Diwali

A 21 percent correction in gold prices sparked a 30 percent surge in festive demand across India during Dhanteras and Diwali. Consumers purchased approximately 52 tonnes of gold worth 72,000 crore rupees during the festive window, according to bullion market estimates. Meanwhile, silver purchases also recorded a 10 percent rise in volume amid strong auspicious buying.

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