Indian gold importers await more price fall from 1-wk high

MTECHTIPS

Indian gold importers await more price fall from 1-wk high

Gold importers in India, the world's biggest consumer of the metal, awaited bigger price falls for upcoming festivals even as the yellow metal reversed from its highest level in more than a week.
the most-active gold for December delivery on the Multi Commodity Exchange (MCX) was 0.22 percent lower at Rs 31,387 per 10 grams, weighed by a stronger rupee amid steady global leads, easing from its highest level in a week of Rs 31,511 per 10 grams, a level last seen on October 1.

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