Gold recaptures Rs 25,000 mark on buying frenzy; global push
Gold staged a spectacular comeback to reclaim the psychologically significant Rs 25,000 mark - its highest level in two-weeks at the domestic bullion hub here following frantic stockists buying driven by strong global sentiment. Stock Market Tips
After weeks of tremendous selling pressure, the yellow- metal broke its descending trend due to attractive low level buying in the face of a firming trend in overseas.
Jewellery stockists and retail buyers seized the opportunity to restock gold in anticipation that the demand will improve considerably in coming days ahead of peak festive season as well as wedding-related demand, a bullion dealer said Stock Market Tips
After weeks of tremendous selling pressure, the yellow- metal broke its descending trend due to attractive low level buying in the face of a firming trend in overseas.
Jewellery stockists and retail buyers seized the opportunity to restock gold in anticipation that the demand will improve considerably in coming days ahead of peak festive season as well as wedding-related demand, a bullion dealer said Stock Market Tips
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