“Mumbai diamond traders and manufacturers intend to move to Surat is ‘false information’. The campaign to move to Surat is ‘spreading panic’; Surat could only be a viable option in a decade, after an international airport is built there.Bharat Shah, President, Mumbai Diamond Merchants' Association (MDMA)
“We feel gold has further downside potential and could test $1,100/oz. With that in mind and with a view the rupee will stay at 57.5-60.2/dollar, gold prices could decline to Rs 25,000 levels.”
Sudheesh Nambiath, Precious Metals Analyst, GFMS, Thomson Reuters
Sudheesh Nambiath, Precious Metals Analyst, GFMS, Thomson Reuters
"Gold came down sharply, perhaps too sharply which has upset the psychology of the market."
Martin Murenbeeld, Chief Economist, Dundee Capital Markets
Martin Murenbeeld, Chief Economist, Dundee Capital Markets
No comments:
Post a Comment