Precious Metals

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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