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<p>[QUOTE=&quot;jjack, post: 1553424, member: 33596&quot;]The jewelry are bought for religious and marriage reasons&#039; so it is unlikely they will sold off before other assets are liquidated, also the poor will likely be more affected by the slow down than middle class because they rely on gov subsidies. But yes it is possible gold consumption will decline if there is slow down but question is will gold consumption increase in other countries make up for slowdown in India/China (UAE, Russia, Vietnam etc).[/QUOTE]</p><p><br /></p>

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