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Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

Indian buyers dump gold, embrace platinum

Posted on 20 February 2009

From Commodityonline.com: As gold prices continue to break historic highs every day, sales of the yellow metal have plummeted in India’s vast bullion and gold jewellery markets, the biggest in the world. High prices of gold are forcing buyers of the precious metal these days to shift loyalties and embrace platinum.

Gold prices zoomed to a record of Rs 15,750 per ten grams in the Indian market on Wednesday in the wake of the global trend of the yellow metal surging to touch $1,000 per ounce now…… Full Article: Source


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VRS - who has written 36658 posts on Opalesque Commodities Briefing.


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