India Gold Demand Continues to Fall

Precious Metals

Reuters reported that demand for gold in India dropped as prices increased in the country.

Reuters reported that demand for gold in India dropped as prices increased in the country.

As quoted in the market news:

The most-active gold for June delivery on the Multi Commodity Exchange (MCX) was up 0.54 percent at 29,129 rupees by 5:02 p.m. The contract hit a low of 27,855 rupees on May 16, the lowest level since April 4.

Click here to read the full Reuters report.

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