| 29.09.2011 - India festival gold demand seen rising |
| India's gold demand during the peak festival season is expected to rise by around 65% to around 150 metric tons, with a slide in prices as well as good monsoon rains driving up rural purchases, the president of the Bombay Bullion Association said Wednesday. Demand during the festival season last year was around 90 tons. "This week alone, the demand is expected to be around 100% more than last week," Prithviraj Kothari said..............................................Full Article: Source |