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RTRS: India gold prices seen falling by June-end
 
Indian gold prices are seen falling to 13,995 rupees per 10 grams by June end after which it is expected to harden by December, a Reuters poll of 15 banks and brokerages showed.

For a story on the poll, see [ID:nBOM407342] Following are the projections of banks and brokerages for spot gold in rupees per 10 grams: Company End June End Sept End Dec

========================================================= State Bank of India 14,500 15,100 15,400 Axis Bank 14,742 13,136 12,152

Scotia Bank 14,250 14,950 15,850 ICICI Bank 15,138 15,307 15,995

Corporation Bank 14,450 15,100 N.A.

Union Bank of India 15,150 14,750 15,830

HDFC Bank 13,995 14,890 17,050

IndusInd Bank 13,800 14,200 14,500

ADMISI 15,500 16,200 16,800
Source