India Gold ETFs Increase

Mineweb reported that an increase in India gold ETFs may signal a shift in buying patterns.

As quoted in the market news:

Assets in gold electronic traded funds (ETFs) increased to Rs 103.06 billion ($1.91 billion) as of April 30, from Rs 98.86 billion as on March 31. During the one month period from March to April 2012, assets grew 3.4%.

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