Asia Gold-India shifts to discount, value fall propels buying elsewhere

collected by :kiven Dixter

Dealers in India were offering a sale of up to $3 an ounce over formal domestic prices, compared by a premium of $2 final week. Weddings & Akshay Tritiya festival, the time buying gold Information Systems considered auspicious, can raise request in April, Ajmera said. Benchmark spot gold prices have fallen for a 3rd straight week. "There was a pick up in request the time prices fell below $1,320 final 7 days ... There Information Systems buying on dips & we guess prices to go drop further, that ought see some buying," told Ronald chief dealer at Lee Cheong Gold Dealers in Hong Kong.

India offers gold sales as value fall propels buying elsewhere

MUMBAI/BENGALURU - Gold was purveyed at a sale in India as request remembered subdued for a 4th straight 7 days When buying in the rest of Asia picked up as prices fell for a 3rd consecutive week. In the native market, gold was trading at 30,405 rupees per ten grams, after hitting a 15-month high of 30,839 rupees final month. Weddings & Akshay Tritiya festival, the time buying gold Information Systems considered auspicious, can raise request in April, Ajmera said. Benchmark spot gold prices have fallen for a 3rd straight week. There Information Systems buying on dips & we guess prices to go drop further, that ought see some buying," told Ronald chief dealer at Lee Cheong Gold Dealers in Hong Kong.

India shifts to sale as gold value fall propels buying elsewhere

referring to MUMBAI/BENGALURU: Gold was purveyed at a sale in India as request remembered subdued for a 4th straight 7 days When buying in the rest of Asia picked up as prices fell for a 3rd consecutive week. "Many consumers are busy in paying advance tax. The domestic value includes a ten % importation tax. "Retail request Information Systems extremely weak. "There was a pick up in request the time prices fell below $1,320 final 7 days ...