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In India, generally, people who buy silver do so without the intention of using it as an investment for the future, but rather as a form of a costly gift in the form of jewelry (or ornaments).

However, in Ahmedabad, the mindset of investing in silver is gaining momentum.

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Now, it is being viewed as an investable commodity like gold.Spot gold was up 0.4% to $2,645.67 per ounce.

U.S.

gold futures rose 0.2% to $2,644.80, with low trading volumes expected as U.S.

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