mutual funds News
RPT-Prices, inflation dent India gold festival demand
(Repeats story issued late on Tuesday)
By Siddesh Mayenkar
MUMBAI, April 24 (Reuters) - Spending on gold at this year's
Hindu and Jain holy festival of Akshaya Tritiya in India has
been subdued compared with the usual splurge, as families
struggle with rising expenses and high prices for the ultimate
status symbol.
Gold consumption is likely to fall by as much as 50 percent
to 10 tonnes at the
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