Analysts are expecting a drop in Gold prices for the first time in 2012 after the federal bank statement that is unlikely to raise the stimulus level for the U.S Economy, especially affected on Indian Gold dealers where it's considered the largest Gold market.

The analysts' expectations lead to a decrease in prices during the upcoming week, also a decline in India's imports with 81% during March and 40% during the second half of the year. In the meantime Indian gold dealers protests continuing their strike for the nineteenth day closing their shops.