India's Finance Minister, Pranab Mukherjee, says the country's comfortable foreign exchange reserves prompted the Reserve Bank or RBI to invest in the precious metal.
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India is the world's biggest buyer of the precious metal.
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Ghana, previously known as the Gold Coast, remains one of Africa's biggest producers of the preciousmetal.
The acquisition also expands Dentsply's overall product offerings to include precious-metal dental alloys and gives the firm a stronger presence in the Japanese market.