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Nov 1 - Gold demand in India jumped this week amid festival purchases, although volumes were lower than usual due to record-high prices.
In India, prices jumped to a record high of 79,775 rupees per 10 grams earlier this week, marking a nearly 33% increase since last year's Diwali. Indian dealers earlier this week charged a premium of up to $1 an ounce over official domestic prices on Dhanteras, inclusive of 6% import and 3% sales levies, but offered a discount later in the week of up to $5, compared with last week's $4 discount.
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