Demand for gold in India, one of the world's largest markets for the metal, is forecast to rise to 800 metric tons in 2012, well above a prior prediction of 650-750 tons, says Amresh Acharya of the World Gold Council. The increase in the outlook follows a pick-up in purchases during the festive season and comes despite government efforts to restrict gold sales amid concerns about India's current account deficit.
Demand for gold in India, one of the world's largest markets for the metal, is forecast to rise...
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