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Page last updated at 13:37 GMT, Tuesday, 10 November 2009

India invests in the gold rush

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The price of gold has touched a new all-time high as the precious metal becomes increasingly attractive compared with the weakening US dollar.

India's government recently made a landmark purchase of 200 tonnes from the International Monetary Fund - the single biggest gold purchase by a central bank in the past 30 years.

It has now decided to purchase more gold reserves indicating a move away from the dollar.

Delnaaz Irani reports from Mumbai.

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