10.10.2016 - Global gold prices set to get Indian festive season boost
Gold prices are tumbling worldwide, but demand during the festive season in India may soon come to their rescue, as the festival of Diwali is set to prompt investors to take advantage of the recent correction. Dhanteras, the first day of Diwali, falls on 28 October this year. Indians tend to make high-end purchases, and mainly the yellow metal on that day, as they believe it will bring them good fortune. India is one of the largest markets for gold jewellery in the world, and is the second-largest importer of gold..............................................Full Article: Source
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