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Analysts Expect Gold Trade to Improve during Wedding Season

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Analysts Expect Gold Trade to Improve during Wedding Season

June 01
14:40 2015

goldNew Delhi, Monday, June 1 – Gold trade hasn’t been moving in line. Traders in the bullion market are not receiving prices as they would get a few years ago. The sudden drop in the demand of yellow metal has changed a lot of things in the recent past.

Jewelers would now keep stock of designer jewelries only when someone place order for the same. Despite the fact that prices are feasible and many could afford, buyers avoid investing in gold anymore.

Purchasing though improve when some important events like wedding, engagement, functions in family are lined up but not up to that extent that people swarm marketplace to get gorgeous ornaments.

However, analysts anticipate gold to bounce back soon. With some weddings to take place during late June, improvement in selling and purchasing is predicted.

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