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amarksp

09/08/06 12:48 AM

#16606 RE: Andy R #16605

When looking at India, most important that the Monsoon is delivering the rainfall. The KEY factor on rural Indians buying gold is the monsoon rainfall so their crops can be harvested. This monsoon season looking normal, which is good for the rural Indians and hence gold.

http://www.imd.ernet.in/section/hydro/dynamic/seasonal-rainfall.htm