Low Gold Prices Spur Buying By Indian Traders

Reuters reported that Indian gold buyers were back in the market as gold prices hit 2-week lows.

As quoted in the market news:

At 0848 GMT, the most-active gold for August deliver yon the Multi Commodity Exchange (MCX) was 0.17 percent lower at 29,602 rupees per 10 grams, after hitting a low of 29,583 rupees, a level last seen on June 11.

Click here to read the full Reuters report.