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To: lorne who wrote (66525)3/26/2001 9:48:55 AM
From: Raja  Respond to of 116762
 
"According to an estimate, of a total of 1.4 lakh [140,000]tonnes of gold around the world, private holdings in India are believed to be around 13,000 tonnes which, in other words, means a stock holding worth over Rs 6 lakh crore. Despite the existence of such a large private holding, India imports about 700 tonnes of gold annually."

hindubusinessline.com