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RAPAPORT… Gold and jewelry sales in India surged this week after the government imposed a surprise ban on 500- and 1,000-denomination rupee notes, forcing the country’s unaccounted money to be channeled into hard assets. “People are shocked and trying to figure out what to do with their money,” said Jatin Gajera, a manager at Laxmi Diamond, a diamond and jewelry manufacturer. “They’re payin…

from Rapaport – News http://www.diamonds.net/news/NewsItem.aspx?ArticleID=58177
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