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India's gold purchase value hits record high despite lower demand
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India's gold demand fell 6% to 131.4 tonnes in Q2.
Purchase value hit a record Rs 1,98,100 crore, up 50% due to high prices.
World Gold Council reported drop in jewellery demand.
Investment in bars, coins, and ETFs increased.
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Rajeev Chandrasekhar / Jupiter Capital interests historically