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India swings to premium on price retreat; China demand muted
Indian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This revival is fueled by falling international prices and a strengthening rupee. Meanwhile, China's physical demand for gold has noticeably weakened, with jewellery sales and household caution impacting the market, though the central bank continues its consistent buying spree.
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economictimes.indiatimes.com
Gold futures sink to three-month low as dollar rally batters bullion
India's gold prices hit a three-month low on Wednesday, dropping to Rs 1.44 lakh per 10 grams, as global markets react to a bolstered US dollar and expectations for elevated…
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thehindubusinessline.com
Gold futures rebound on value buying after steep sell-off
Gold futures rebound slightly as traders engage in value buying, despite ongoing concerns over the strong dollar and interest rates.
