Saturday 31 October 2015

Reader’s Response: No major changes in gold rate

The recent Federal Reserve Bank's decision, combined with an increase in demand for physical gold in India ahead of the festive season, could boost gold to a new level. However, looking at the developments in the gold market worldwide, it will not be surprising if gold prices remain at the current trading range during the rest of 2015.

Deepak Shah

Director, Abdhi Jewels Pvt Ltd
Ahmedabad

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