India Gold Demand Improves on Price Correction

Reuters reported that a drop in gold futures has increased demand on the spot market in India.

The market news is quoted as saying:

International spot gold slipped nearly 1 percent on Tuesday, hovering below a record high and silver was off a 31-year peak hit in the previous session after long-term commodity bull Goldman Sachs advised investors to lock-in trading profits before oil and other markets reverse.

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