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View Full Version : Gold Demand in India to Drop as Buyers Prefer to Hoard Cash - Bloomberg



NewsWhore
07-16-2012, 09:40 AM
Gold Demand in India to Drop as Buyers Prefer to Hoard Cash (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHuCiREKVLXNOeQc90WR5IXtXZvAA&url=http://www.bloomberg.com/news/2012-07-16/gold-demand-in-india-to-drop-as-buyers-prefer-to-hoard-cash-2-.html)
Bloomberg
Jewelry sales probably fell 30 percent to 40 percent in the three months ended June 30 after the currency slumped, driving gold prices to a record, he said. ... To contact the reporter on this story: Madelene Pearson in Mumbai at mpearson1@bloomberg ...

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