Gold Investing News » India Gold Futures have edged lower as rupee weighs

India Gold Futures have edged lower as rupee weighs

July 11, 2009 @ 1:42 am In Gold Market News

India gold futures edged lower on Friday weighed by a strong rupee locally, making the imported yellow metal cheaper.

Kunal Shah, assistant vice-president, Nirmal Bang Commodities, stated:

The Indian rupee is pressuring prices.

For full story, click here ^[1]

Article printed from Gold Investing News: http://goldinvestingnews.com

URL to article: http://goldinvestingnews.com/2337/india-gold-futures-have-edged-lower-as-rupee-weighs.html

URLs in this post:

[1] here: http://in.reuters.com/article/businessNews/idINIndia-40943520090710