Sat, Nov 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold more

India’s gold, silver inventories pile up

Posted on 19 October 2011

Gold and silver sales are sluggish nearly three weeks into India’s peak festival season but will likely pick up Thursday because of an auspicious occasion, traders said.
“Showrooms are empty because liquidity is tight and people don’t have savings,” Prithviraj Kothari, president of the Bombay Bullion Association said Tuesday. “We are waiting for customers, but only inventories have increased as people had stocked up in anticipation of the festival season.”………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 38089 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30