Year - End Redemption

 

December, 24, 2011 (01:30pm) :- Various investment markets are facing redemption pressures at the end of 2011. Various fund managers are short covering or profit booking in their investment made by their hand throughout  year.

Gold Prices is the witness by which around 40,000 Kg Gold sold in the spot market due to the redemption pressure.

Commodity bullion market, still looking weak through out the next weak because there is off on Monday for the occasion  of Boxing Day in many country.