waiting on gold price rise, page-2

I can't say i agree with you, why would they hold onto gold when they have 75% of production hedged, i think they need to get cash flow happening as soon as possible. also they have said that gold will be poured next week.

The gold price rise/fall will be more dependant on it being used as a safe haven against inflation etc than Indian buying, the Indians tend to drop out of the market when the price goes above $900 as there is an affordability issue for most of them.