Wednesday, April 27, 2011

Indian Physical Gold Demand Still Active As Festival Approaches

According to a Reuters report webbed by the Economic Times, traders are still buying gold in anticipation of the Akshaya Tritiya festival on May 6.
"Yesterday there were sales and deals are continuing till today," said a dealer with a state-run bullion importing bank in Mumbai.
The rupee strengthened, which helped buyers by cushioning gold's slight rise.

No comments:

Post a Comment