India Expecting Increased Gold Buying on Akshaya Tritiya
India Expecting Increased Gold Buying on Akshaya Tritiya
India Expecting Increased Gold Buying on Akshaya Tritiya
Bloomberg reported that gold prices increased after a previous low brought buyers back to the market.
Reuters Africa reported that Bolivia is increasing its gold reserves by purchasing from local miners.
Reuters reported that some Vietnamese banks are being allowed to reopen their gold trading accounts.
The Economic Times of India reports with the global crisis in the financial markets, gold buying spirit has been pretty slow despite the festivities in the coming week. “In the current financial crisis in the global market, semi-urban and rural India are going ahead with gold buying, while in urban centres, they are adopting a [...]
The Economic Times of India reports higher gold prices have slowed a generally robust festival demand in Indian spot market. MUMBAI: While traditionally festival season starting from Daserra to Diwali have been perceived to be an auspicious time to buy gold, peculiarly higher prices have tamed the demand outlook this year. President, Bombay Bullion Association, Mr. [...]
Get our independent commentary on gold trends and companies delivered to your inbox.