| From Livemint.com: The high prices of gold have severely hit the demand for coins and bars in India. Gold prices, which touched a record high last week, could witness some correction by the end of November, an industry official said.
“Gold may witness some correction amid high volatility. Gold prices may hover around Rs12,000-13,000 per 10g by November-end,” industry expert Bhargav Vaidya said.
The high prices of gold have severely hit the demand for coins and bars in India. “We have witnessed poor demand due to high prices this festive season. Demand will increase only if prices start easing,” he said...... Full Article: Source
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