India Underpinning Gold Price
Andrew Magiure: “From a wholesale market perspective, we are observing that Asian and Middle Eastern wholesale demand remains strong. Dips are being bought as we head into strong options related defense at $1,250 gold and $18.00 sliver. Options expire on Tuesday. However, Indian demand remains steady at current prices, which is important as we move into the auspicious gold buying festivals and marriage season. I think this wholesale demand stays very strong at a minimum into the $1,250’s before it is reassessed. This will serve to underpin the gold price…"
Andrew Magiure: “From a wholesale market perspective, we are observing that Asian and Middle Eastern wholesale demand remains strong. Dips are being bought as we head into strong options related defense at $1,250 gold and $18.00 sliver. Options expire on Tuesday. However, Indian demand remains steady at current prices, which is important as we move into the auspicious gold buying festivals and marriage season. I think this wholesale demand stays very strong at a minimum into the $1,250’s before it is reassessed. This will serve to underpin the gold price…"
at http://kingworldnews.com/andrew-maguire-this-will-rock-the-gold-market-and-shock-the-world/
