"Demand was very weak for jewellery. There was some buying happening in bars and coins segment, but most people were waiting for a significant correction," said a Mumbai-based dealer.The rupee weakened, making gold more expensive for those buyers.
Wednesday, April 13, 2011
Indian Physical Gold Demand Weakens As Prices Recover
According to a Reuters report webbed by the Economic Times, demand from jewelers was weak and other demand wasn't that evident.
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