"The offtake is still weak," said a dealer with a state-run bank dealer in Mumbai, adding "advanced orders are there at 1,414 (an ounce)."Evidently, there's no rush to buy the metal despite harvest and wedding seasons being underway.
Thursday, March 3, 2011
Indian Physical Gold Buying Weak
A weakening rupee plus high gold prices kept buyers away, according to a Reuters report webbed by the Economic Times.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment