| 09.08.2011 - Rising gold prices spur investment buying in India |
| Investment demand for gold has picked up in India with prices of the precious metal rising 15% in a month to touch a new high, but sales of scrap gold are expected to start as households may look to cash in on their family jewelry. Spot gold hit a record high of $1,715.29/oz in Asian trading Monday, enjoying a rush of safe-haven demand after Standard & Poor's downgraded the U.S. government's debt rating..............................................Full Article: Source |