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    gold-investing

    Lower Rupee Keeps Gold Demand Subdued

    Investing News Network
    May. 24, 2012 07:25AM PST
    Precious Metals Investing

    Reuters reported that gold demand in India stayed lower due to a weaker rupee.

    Reuters reported that gold demand in India stayed lower due to a weaker rupee.

    As quoted in the market news:

    In volume terms, gold demand in the first quarter of 2012 fell 29 percent in India, with the sharpest fall coming in investment demand segment – which tumbled 46 percent.

    Click here to read the full Reuters report.

    indiagold-investing
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