Tuesday, 28 May 2013

The Economic Times: Physical demand of gold declines by 15% in a week; no immediate recovery seen

KOLKATA: The great Indian gold rush witnessed during April and early May has started to taper off. Physical demand has declined by at least 15% in the last one week and bullion dealers and jewellers say that they do not see an immediate recovery in demand as the crop planting season will kick off shortly, which will keep the rural buyers away.

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