"It's very quiet since last week as June and July are traditionally quiet months," said a dealer with a state-run bullion dealing bank in Mumbai.
"I have a few orders below $1,230 (an ounce)," said another dealer with a private bank.
Thursday, July 1, 2010
Indian Gold Buying Still Quiet
According to a report by the Economic Times, a weaker rupee contributed to damping demand.