| The recent drop in gold and silver prices is likely to spur festive season demand for the metals in India. Traders say prices may fall further if the US nonfarm pay roll data, which will be released on Friday, shows a positive trend.
Prices of the two metals have dropped by 5% and 10%, respectively, in the last one month. The drop in the price of gold has also brought down the discount it was fetching for buyers. Last month, bullion dealers had been offering discounts of as much as $32 per ounce on the domestic price to lure buyers, ahead of Diwali..............................................Full Article: Source
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