India gold's physical offtake abated on Monday as prices extended gains to cross the 17,000 rupees-mark to hit a three-week high, after spot demand picked-up for five sessions in a row, dealers said.
Demand is less now as prices have moved above 17,000 rupees. Last week ended on a good note with sales of about a tonne," said a dealer with a state-run bullion dealing bank in Mumbai.
Monday, January 11, 2010
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