| Gold prices have traditionally rallied in in September as India, the world's second-largest gold buyer, stocked up on the yellow metal ahead of its wedding season around Diwali. But investors hoping the Indian Festival season will boost the metal’s ailing price are likely to be disappointed, analysts say.
“Demand is definitely picking up because of the festival season approaching but we don’t see a big spurt in the demand,” Surendra Mehta, secretary of the India Bullion and Jewellers’ Association told FT.com. “Only the people who need gold are buying now, there are no investors.”..............................................Full Article: Source
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