Gold price set to climb higher on weakening rupee; demand may take a hit

Gold prices have increased Rs 250-300 per 10 grams as the rupee has depreciated against the dollar, said Ashish Pethe, chairman of All India Gem & Jewellery Domestic Council. “But since internationally gold prices have not jumped, we might not see an immediate spike in gold prices in India,” he said.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...