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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.59+2.2%Dec 26 4:00 PM EST

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To: long-gone who wrote (34034)5/17/1999 8:31:00 AM
From: John Hunt  Read Replies (1) of 116825
 
India Gold-Imports to fall as wedding season ends

<< India's gold imports will drop sharply as seasonal demand driven by marriages comes to an end, traders said on Monday.

''I expect subdued demand till the end of June,'' trader Kishore Zaveri said in the western city of Ahmedabad, India's main gold importing centre. ''Imports should come down by at least 50 percent.''

Gold is a widely popular wedding gift... cont'd ... >>

biz.yahoo.com

Morning Richard,

'They' are really getting desperate for news when they talk about a seasonal one month decline in Indian gold purchases ... Next we will have an article about epoxy increasingly replacing gold in teeth.

< vbg >

John
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