India’s Gold Futures have edged lower as strong rupee weighs
India’s gold futures have edged lower weighed down by a strong rupee, making the imported yellow metal cheaper.
Kunal Shah, assistant vice-president with Nirmal Bang Commodities, stated:
Inflationary concerns in the U.S. might continue to support gold. Resistance is pegged at 14,825 rupees.
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Wed, Jul 15, 2009
Post by Melissa Pistilli, Gold Senior Reporter