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Capital of Karnataka, India
Bengaluru, also known as Bangalore, is the capital and largest city of the southern Indian state of Karnataka. As per the 2011 census, the city had a population of 8.4 million, making it the third most populous city in India and the most populous in South India. The Bengaluru metropolitan area had a population of around 8.5 million, making it the fifth most populous urban agglomeration in the country. It is located towards the southern end of the Deccan Plateau, at an altitude of 900 m (3,000 ft) above sea level. The city is known as India's "Garden City", due to its parks and greenery.
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Capital of Maharashtra, India
Mumbai, also known as Bombay, is the capital city of the Indian state of Maharashtra and the financial capital of India. Located on the Konkan coast along the west coast of India, it has a deep natural harbour. As per the 2011 Census of India, it is the most populous city proper in India, with a population of almost 12.5 million, while the Mumbai Metropolitan Region, which is among the most populous metropolitan areas in the world, has a population of over 20 million.
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Megacity and union territory of India
Delhi, officially the National Capital Territory (NCT) of Delhi, is a megacity and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, but spread chiefly to the west, or beyond its right bank, Delhi shares borders with the state of Uttar Pradesh in the east and with the state of Haryana in the remaining directions. Delhi became a union territory on 1 November 1956 and the NCT in 1995. The NCT covers an area of 1,484 square kilometres (573 sq mi).
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The U.S. bond market is experiencing levels of stress not seen in years, as long-term yields continue to climb. Yet gold is holding firm and advancing despite rising real yields. Could this apparent anomaly be signaling a profound shift in how U.S. sovereign risk is perceived?
Gold holds near $4,190/oz despite 10-year Treasury yields hitting a 24-year high, as Reuters flags an "entrenched premium" driven by central bank buying.
Przemyslaw K. Radomski, CFA: the USD Index refuses to give back its breakout as long yields rise, while gold and the miners show the internals of a top.