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Friday, 19th November 2004 (5512 views)

Indian consumers are rushing to sell their gold jewellery and coins to make the most of current top gold prices.<BR/><BR/>According to jewellers in Mumbai around 75 to 100kg of scrap gold are being sold in Mumbai each day.<BR/><BR/>Traders told the Indian Express: "High prices have prompted many people to sell old jewellery and coins, bought earlier at much lower prices.<BR/><BR/>"People are lining up outside my shop to sell gold. On an average, 200-300 people are coming every day."<BR/><BR/>India is the world's largest importer of the precious metal.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=7105440"/>

 

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