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Record gold prices fuel surge in resale, easing import pressure

Record gold prices fuel surge in resale, easing import pressure
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Indians are cashing in on record gold prices, selling old jewellery at a 43% YoY rise in Q1 2025. Recycled gold now meets 20% of demand, easing import pressure as prices hover near Rs 1.4 lakh per 10g. Experts see long-term cultural demand intact despite profit-booking trends.

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