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Gold breaches below $830 on panic, liquidity needsReuters South Africa, South Africa - 11 Oct 2008"There are a lot of sellers today, mainly holders of small quantities of jewellery and bars," Jitendra Kantilal, a partner at bullion dealer Jugraj Kantilal ... |
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Gold: The Last Carry TradeSeeking Alpha, NY - 23 minutes agoA short seller in gold can sell spot and lease the gold from the central banks at a nominal interest rate of 0.25%. If you sell gold, you receive USD; ... |
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India gold at highest level, buyers cool heelsReuters India, India - 10 Oct 2008... partner at Jugraj Kantilal & Co, a bullion trader in Mumbai. "There is a queue of 15-20 sellers as of now." Foreign gold, that guides the local market ... |
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Market mayhem dampens Diwali shopping spiritTimes of India, India - 11 hours agoPrithviraj Kothari of Ridhi Sidhi Bullion is a worried man. With gold prices over Rs 13400 per 10 gram, few are willing to buy jewellery. ... |
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Higher gold prices hit festive salesEconomic Times, India - 10 Oct 2008According to Mr. Suresh Hundia, president, Bombay Bullion Association, “Demand from Indian consumers in this festive season is comparatively lacklustre. ... |
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