03.05.2012 - The reasons for divergence in global and India gold prices
After rising almost 11% in January, gold Comex futures declined 3 months in a row, ending at $1,664.2 at the end of April. Year-to-date gold futures gained 6.3% compared to MSCI World (Developed Market) Index, 10.8%, CRB Index, 2.2% and Dollar Index, -1.7%. From this year's peak reached on 28th February at $1,792.7, gold futures declined 7%...............................................Full Article: Source
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