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    gold investing

    Lower Rupee Hurts Demand for Gold

    Investing News Network
    May. 22, 2012 11:59AM PST
    Precious Metals Investing

    Reuters reported that India gold demand fell as a lower rupee increased the cost of imports.

    Reuters reported that India gold demand fell as a lower rupee increased the cost of imports.

    As quoted in the market news:

    The most-active gold for June delivery on the Multi Commodity Exchange (MCX) was up 0.13 percent at 29,072 rupees by 5:37 p.m.

    Click here to read the full Reuters report.

    indiagold investing
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