Gold demand in India rose this week due to a festival and as local prices adjusted to an appreciating rupee, while higher prices kept a check on demand elsewhere in Asia.
The appreciation of rupee could continue in the short term, but in the long-term, experts feel that the rupee will weaken against the USD.
Sanjeev Kapoor Chef and television anchor We shifted to our new house on an auspicious day. This department is taken care of, by my mother and my wife Alyona, as I am not superstitious. R
Jewellery sellers in India lost out on the opportunity to make large sales on Gudi Padwa festival, considered to be an auspicious day to buy gold, due to a strike called to protest duty raises in last week's budget.