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India's demand for Gold is not picking up due to high prices

June 14, 2009 @ 11:53 pm In Gold Market News

India's demand for gold has failed to pick up as high prices of the commodity has kept away a significant number of purchasers.

National Commodity & Derivatives Exchange Limited Economist, Manasee S Gokhale, stated:

Buyers have stayed on the sidelines mainly due to high prices. The first marriage season of the year has come to an end and there are no signs of demand for gold picking up.

For full story, click here [1]


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