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India to import more precious metals from US
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India to import more precious metals from US
New Delhi: While India has diversified its energy basket and started sourcing more oil and gas from the US, it is also diversifying its import basket for precious metals from the UAE so that it can purchase more gold and silver from the US market instead, a senior official said. This will help to bring down prices and also the trade surplus with the US. The United States is a major global hub for trading these precious metals. It exports signif…
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