Copper $ 4.8055 / lb -0.69%

Brent Crude Oil $ 65.98 / bbl -0.29%

Palladium $ 938.5 / ozt -0.16%

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Natural Gas $ 3.148 / Btu -0.47%

Silver Futures $ 32.765 / ozt -0.79%

Aluminum Futures $ 2357.25 / ton -0.42%

Micro Gold Futures $ 3333.2 / ozt -0.83%

Micro Silver Futures $ 32.765 / ozt -0.79%

Platinum $ 973.4 / ozt -0.34%

Gold Futures $ 3304.9 / ozt -0.95%

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Gold may lose its glitter in India

MINING.com Editor | August 26, 2012 | 3:29 pm Precious Metals Gold

Gold consumption and imports are set for a sharp slowdown in India as a wobbly world economy, weak rupee, patchy monsoons and a slowdown in the broader economy threaten to take the sheen out of the yellow metal’s sales in the coming months, say analysts.