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<p>[QUOTE="vest007, post: 1994487, member: 72258"]One of the major supply sources is from the jewelry sector in India, especially Southern India. The average annual salaries in that part of the world are rising by an estimated 10% per year or more, so I expect the demand from India to increase proportional to it. Another factor which can drive the price of gold upwards![/QUOTE]</p><p><br /></p>
[QUOTE="vest007, post: 1994487, member: 72258"]One of the major supply sources is from the jewelry sector in India, especially Southern India. The average annual salaries in that part of the world are rising by an estimated 10% per year or more, so I expect the demand from India to increase proportional to it. Another factor which can drive the price of gold upwards![/QUOTE]
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