Tuesday 10 April 2012

Gold Ntraday Tips For Tomorrow in India

Gold Ntraday Tips For Tomorrow in India, the world's largest consumer of the yellow metal, booked stray deals after a three-week long strike, seeking to replenish stocks for a gold buying festival slated later in the month, dealers said. More Information about Ntraday Tips For Tomorrow visit the site stock-market-expert-tips.blogspot.com

* "Few orders are there on the lower side... market is slowly gearing up ahead of Akshaya Tritiya," said a dealer with a private bullion importing bank in Mumbai.

* Jewellers in India ended their three-week strike on Saturday after assurance the federal government would consider scrapping a budget proposal to levy excise duty on unbranded jewellery.

People will be buying now after closing shops for weeks together as wedding season is on," said Harshad Ajmera, proprietor of JJ Gold House. "There were good retail sales yesterday."

Gold for June delivery on the Multi Commodity Exchange (MCX) was up 0.48% at Rs 28,333 per 10 grams.

* "A level of Rs 27,200-27,500 will be good enough for market to activate," said the private bank dealer.

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