"There are stray deals as prices have recovered and rupee is holding well above 45.50 level," said Pinakin Vyas, assistant vice-president, treasury, at bullion importing IndusInd Bank in Mumbai....
"I imported 1.2 tonnes last week, though shipments are getting delayed and therefore rising premiums," said Vyas.
On the other hand, stockists and jewlers are described as being in a buying frame of mind. This part of the picture jibes with other reports of strong physical demand in Asia.
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