"There is nothing much today, even yesterday was equally bad," said a dealer with a state-run bullion dealing bank in Mumbai....Despite the dullness, some upwards price acclimatization is taking place. The trigger point mentioned by the second source used to be $1,180.
"Buying could be seen below $1,190 (an ounce)," said another dealer with a private bank.
Thursday, August 5, 2010
Indian Gold Buying Muted For Second Day In A Row
According to a report by the Economic Times, Indian gold buying remained subdued again because of higher prices in U.S. terms amplified by a weakening rupee.
Subscribe to:
Post Comments (Atom)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/tny_au_en_usoz_2.gif)
I have a web site where I give investment advise on penny stocks and stocks under five dollars. Stocks under 1 dollar. I would like to comment about penny stocks what most investors fail to realize about so called penny stocks is that stocks trading under 1 dollar are really not worth messing with the real bargains are stocks trading between 1 dollar and 5 dollars a share. I recenly sold my shares in vonage holdings corporation for 5 dollars. I bought the shares in 2009 for 37 cents. this was a rare exception to the general rule most of the stocks trading under 1 dollar are not good investments. the way that you find low priced stocks that are worthy investments is to have as much knowledge and experience as possible about these type of securities. only than can you profit tremendously from these stocks.
ReplyDelete