Indian Physical Gold Demand Still Weak As Traders Await Price Falls
According to a Reuters report webbed by the Economic Times, traders didn't buy much gold because they're awaiting further drops.
"Today, deals are a bit on the lower side... I have many orders below 21,000 rupees," said a dealer with a state-run, bullion-importing bank in Mumbai.
Given what gold went through earlier this morning, they might get their wish.
No comments:
Post a Comment