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The London Bullion Market Association (LBMA) on Friday said that gold held in London vaults totalled 8,535 metric tons at the end of January, down 1.7% from the previous month.
There were also 23,528 tons of silver held, down 8.6% from December, the LBMA added.
(Reporting by Daksh Grover in Bengaluru; editing by David Evans)