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Gold surge, Covid-19 lockdowns put pressure on Asian jewellery industries

Traditionally, India and China have been big buyers of the metal, but after start of bull phase in mid-2019, more Western investors are buying

London

THE surge in gold prices and Covid-19 lockdowns are placing the Indian, Hong Kong and other Asian jewellery industries under acute pressure.

In contrast, leading gold companies that have managed to maintain production, are coining the precious metal. Their overall costs of...

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