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Standstill in Indian Gold Imports Drags On and Threatens Supply

Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world’s second-biggest bullion market.

This article was originally published by Bloomberg Markets and is republished here under license.

Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world’s second-biggest bullion market.

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