"People are buying today... gold prices (in rupee terms) is maintaining the same range due to a firm rupee," said a dealer with a private bullion dealing bank....The rest of the article hints that the wedding season is also behind some stockists stocking up.
"I priced in 100 kg mostly for local use in the range of $1,154-1,155 an ounce," said a dealer with a state-run bank in Mumbai.
Friday, April 9, 2010
Indian Wholesale Gold Demand Picks Up
According to a Reuters India report, a strong rupee brught some demand back.
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