"Demand is reasonable today, we did about 150 kgs since morning at around $1,127-1,128 levels, yesterday demand was equally good..." said a dealer with a state-run bank in Mumbai....The rupee's strength was also cited as a cause for continued demand.
"They are buying at every dip, they are piling up stocks in anticipation of demand, (buying) interest may get revived at $1,105-1,110...," said another dealer with a state-run bullion dealing bank.
Tuesday, April 6, 2010
Indian Wholesale Gold Demand Steady As Prices Eased
According to a Reuters India report, wholesale demand picked up as prices dipped.
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