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    gold investing

    India Gold Buyers Wait for Lower Prices

    Investing News Network
    Jun. 21, 2012 11:14AM PST
    Precious Metals Investing

    Reuters reported that gold traders in India are waiting to buy, anticipating a further drop in prices.

    Reuters reported that gold traders in India are waiting to buy, anticipating a further drop in prices.

    As quoted in the market news:

    The onset of the rains curtails festive and wedding activity. Indian farmers, who depend on the monsoon for a good harvest, contribute to more than half the country’s gold demand.

    Click here to read the full Reuters report.

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