27.10.2014 - Gold Demand in India, China on the Rise
Appetite for physical gold in India and China has rebounded in recent days, with low prices boosting demand during India’s Diwali festival, the country’s biggest gold-buying occasion of the year. Demand surrounding this year’s Diwali festival, which was celebrated Thursday, rose by around a third from last year, said Rahul Gupta, managing director of New Delhi-based P.P. Jewelers, a jewelry retail chain. “The gates seem to have come off for festival buyers in the last couple of days,” he said...............................................Full Article: Source
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