Gold demand near record levels in India and China is credited with turning around global drop in prices.
By Glenys Sim and Nicholas Larkin, Bloomberg|August 21, 2013 at 06:22 PM
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The rout in gold that wiped out $56 billion of value this year is spurring consumer demand in China and India, the biggest buyers, and leading JPMorgan Chase & Co. and Bank of America Corp. to say prices are bottoming.
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