India Gold Falls, But Traders Keep Waiting

Reuters reported that India gold prices dropped 1% but it was not enough to attract buyers back to the market.

As quoted in the market news:

At 0816 GMT, the most-traded gold for August delivery on the Multi Commodity Exchange (MCX) was 0.56 percent lower at 29,806 rupees per 10 grams, after dipping to as low as 29,720 rupees earlier.

Click here to read the full Reuters report.