India Gold Rises on Weak Rupee; Spot Demand Stays Poor

Precious Metals

Reuters reported that Indian gold prices were up despite poor spot demand.

Reuters reported that Indian gold prices were up despite poor spot demand.

The market news is quoted as saying:

“Demand was weak today, but if prices rise by another 400-500 rupees jewellers may start buying,” said a Mumbai-based dealer with a state-run bank dealing in bullion.

To read the full market news, click here.

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