Gold

• A lacklustre week
"Fresh Sales plan by Central banks may bring in more gold into the bullion market in the coming months."

• A dull week
"Renewed volatility in the global gold prices has kept domestic seasonal buying at a low-ebb as buyers stayed away for want of stability in the market,."

• Good for the consumer, bad for the trader
"Gold prices in the Indian bullion markets suffered major losses following feeble interest in the third Bank of England gold auction which was conducted early this week."

• Nervousness before BoE auction on Monday
"This time on Monday, gold may fall by ten dollars or may spurt by ten dollars as an immediate reaction to the third auction by UK"

• Wedding bells bring the glitter back
"Gold prices in the Indian bullion markets bounced back in the week after an early slide thanks to a pre-wedding season demand."

• Daimonds in, gold out
"The Diwali demand for gold was hardly 30-36 per cent compared to last year. We have also witnessed some switchover of festival buying from gold to diamond ."

• There's no sparkle this Diwali
This Diwali less people are buying gold. A rise in global prices and a weak rupee are scaring consumers off.

• Not a golden Diwali
Festival buying for gold this year is at a sober pace. A month-end fall in the liquidity of seasonal buyers has also left jewellery shops dry.

• The glitter is gone
After a three-year record high, gold prices have lost their sheen in the Indian market despite the festive season.

• After Sensex, gold may touch 5,000
Tight overseas supplies and bullish buying beefore thee festive season is pushing gold prices to record levels.

• Buy local, sell global
Now local prices are quoted at a discounts against import cost

• When gold turns bullish, Indians run away
If prices will react and fall to reasonable levels, volume will again pick-up in the upcoming festivals which will last up to Diwali.