Friday, July 24, 2009


GoldGold inched up on Friday, keeping gains above $900 after rallying to a three-week high the previous day, while holdings of the world's biggest gold-backed exchange-traded fund dipped further away from a record high. Prices were supported as physical demand from India, the world's largest consumer, has picked up ahead of the Akshaya Tritya festival on April 27, an auspicious time for gold buying.

Holdings at the world's largest gold-backed exchange-traded fund, the SPDR Gold Trust dropped to 1,104.45 tonnes as of April 23, down 1.53 tonnes or

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