Tuesday, March 1, 2011

Indian Physical Gold Buying Climbs On Firm Rupee

According to a Reuters India report, gold buying increased because of slightly lower gold prices last night and a firm rupee.
"There are good deals at $1,413 (an ounce), we priced in for 120 kgs of gold," said a dealer with a state-run bullion dealing bank.
Also adding to demand is harvest and wedding season, both underway now.

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