NIFTY  9,595.10  0.90%
  SENSEX  31,028.20  0.90%
 CURRENCY  Rs  64.62/$ 72.34/€, 83.25/£
  GOLD  28,844.00  0.64%
  SILVER  40,110.00  0.77%
  DAX  12,621.70  -0.17%
  FTSE  7,517.71  0.04%
  CAC  5,337.16  -0.07%
  HANG SENG  25,639.30  0.03%
  NIKKEI  19,686.80  -0.64%
  Shanghai Composite  3,110.06  0.04%
  DOW JONES  21,082.90  0.34%
  NASDAQ  6,205.26  0.69%
  S&P 500  2,415.07  0.44%
INDIAN HOTELS - MD & CEO Rakesh Sharma Resigns Due To Personal Reasons Effective Sept 30 EARNINGS REPORT - Divi's Labs To Pay Dividend Of Rs 10/Share

“Don’t See Massive Reduction In Demand For Gold”

Video:

Play this video

“The problem is that with the collapse of global gold prices, consumers were motivated to invest more in the commodity. But, with the fall in rupee the situation may stabilise,” asserted Saugata Bhattacharya, Senior VP, Axis Bank.