"Yesterday we sold about 125 kgs at $1,374-1,379 (an ounce) after New York open, today they (traders) are still waiting for any further fall in gold prices," said a dealer with a state-run bullion importing bank....
"There a few advance orders at $1,370," said the state-run bank dealer.
Gold traders have been stocking up ahead of the harvest festival slated later in the week.
Given how gold has softened after an encouraging run-up earlier this morning, they may get their wish.
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