ASIA GOLD INDIA'S GOLD DEMAND IMPROVES AS PRICES RETREAT FROM ALL-TIME HIGH
NEWS Desk Global
India's gold demand improved in the second half of this week but remained lower than normal as prices retreated from all-time-high levels, while traders continued to offer discounts in China as activity remained lacklustre.
"Demand has started to trickle in as prices come down, but many buyers remain on the sidelines," said a jeweller based in Ahmedabad, India. Domestic gold prices were trading around 84,750 rupees per 10 grams on Friday after hitting a record high of 86,592 rupees last week.
Commentaires