"There are a few deals, I covered for 50 kgs from morning," said a dealer with a state-run bullion importing bank in Mumbai.Evidently, traders are waiting for further declines before stocking up further.
Friday, March 4, 2011
Indian Physical Gold Buying Rises, But Tepidly
According to a Reuters report webbed by the Economic Times, gold buying came back as a result of yesterday's decline but not in any great volume. A stronger rupee whittled away at the drop.
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