KOLKATA: The anticipation that gold prices will fall because of a stronger rupee after the elections has triggered a spate in the sale of household gold. Scrap gold movement has picked up in the last three weeks, improving the supply of the metal in the market to meet the orders booked during Akshaya Tritiya.
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Wednesday, May 14, 2014
Fear of post-poll price drop draws people to sell gol
KOLKATA: The anticipation that gold prices will fall because of a stronger rupee after the elections has triggered a spate in the sale of household gold. Scrap gold movement has picked up in the last three weeks, improving the supply of the metal in the market to meet the orders booked during Akshaya Tritiya.
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