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<p>[QUOTE=&quot;Yankee, post: 613135, member: 18618&quot;]<b>74% investors prefer buying gold at current price: Survey</b></p><p><br /></p><p>9 Jun 2009, 1159 hrs IST, PTI</p><p><br /></p><p>NEW DELHI: To everyone&#039;s surprise, about 74% of <a href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" rel="nofollow"><span style="color: blue">[COLOR=blue !important]<font face="Arial">[COLOR=blue !important]<font face="Arial">investors</font></font></span>[/COLOR][/COLOR]</a> in India, the world&#039;s largest gold consumer, said they prefer purchasing gold and related products at current price levels, according to a survey. </p><p><br /></p><p>Currently, gold prices are hovering between Rs 14,700 per ten gram and Rs 15,100 per ten gram. </p><p><br /></p><p>Among those who were willing to buy gold at current prices, the preference for purchasing jewellery was higher as compared to any other form of gold, a survey by <a href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" rel="nofollow"><span style="color: blue">[COLOR=blue !important]<font face="Arial">[COLOR=blue !important]<font face="Arial">brokerage </font></font></span><font face="Arial">[COLOR=blue !important]<font face="Arial">firm</font>[/COLOR]</font>[/COLOR][/COLOR] <span style="color: #0066cc"><img src="http://kona.kontera.com/javascript/lib/imgs/grey_loader.gif" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></span></a></p><p><a href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" rel="nofollow"></a>India Infoline Ltd (IIFL) said. </p><p><br /></p><p>About 35% of investors showed interest to buy jewellery, 27% in gold Exchange Traded Funds (ETFs) and 12% in coins and bars, it said. </p><p><br /></p><p>Interestingly, around 60% of the respondents indicated that their purchase of gold bars and coins was for future conversion into jewellery, it added. </p><p><br /></p><p>&quot;Even at the current relatively-high <a href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://timesofindia.indiatimes.com/Business/Investors-OK-buying-gold-at-high-rate/articleshow/4634787.cms#" rel="nofollow"><span style="color: blue">[COLOR=blue !important]<font face="Arial">[COLOR=blue !important]<font face="Arial">gold </font></font></span><font face="Arial">[COLOR=blue !important]<font face="Arial">prices</font>[/COLOR]</font>[/COLOR][/COLOR]</a>, interest in gold remains strong and the outlook for gold price is generally positive,&quot; said IIFL, which surveyed 167 cities in 23 states. </p><p><br /></p><p>The survey also highlighted the price trend for next six months. It said that 44% of investors foresee &quot;gold prices in the next six months to be higher&quot;, whereas 24% of them said rates may come down.[/QUOTE]</p><p><br /></p>

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