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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: goldsheet who wrote (85445)5/16/2002 6:34:55 PM
From: goldsheet  Read Replies (1) | Respond to of 116815
 
India's gold demand during the first quarter (Q1) of the current year fell sharply by 40 per cent to 149.80 tonnes from 249.7 tonnes during the same period of the previous year.

timesofindia.indiatimes.com



To: goldsheet who wrote (85445)5/16/2002 9:47:43 PM
From: long-gone  Read Replies (1) | Respond to of 116815
 
<<Nothing like a price rise to reduce demand ;)>>

Perhaps factors other than only price at work? We have a world of servicemen not currently buying jewelry but when Johnny comes marching home? Aren't you also sure the American consumer is wearing a bit thin?