-
Asia gold: India demand cools after festive rush; price fall propels buying elsewhere
Physical gold demand in India ticked lower this week as buyers held back purchases, anticipating a deeper price correction, while a pullback in rates sparked buying interest in China and Singapore. Indian dealers were this week quoting a premium of up to $25 per ounce over official domestic prices, inclusive of 6% import and 3% sales levies, unchanged from last week. Domestic gold prices were trading around 122,700 rupees per 10 grams on Friday after hitting a record high of 132,294 rupees last week. Meanwhile, spot gold prices were on track for their first weekly drop in 10. “Last week, buyers were snapping up ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From zerohedge.com|Oct 24, 2025With vol markets fully clenched, this morning's much-anticipated CPI print (no matter how full of guesstimated data) is sure to prompt an initial flurry of trading activity but as ...
From home.saxo|Oct 24, 2025The Bloomberg Commodity Index was heading for a 1.6% gain this week, lifting its year-to-date gain to 12.3% — and the highest level in three years. A long overdue setback in ...
From breakingthenews.net|Oct 24, 2025|3 commentsThe Consumer Sentiment Index in the United States slid 2.7% in October compared to the month before, to stand at 53.6, as per the final monthly report posted by the University of ...
-
- Newer Stories
From kitco.com|Oct 24, 2025The gold market shot back into positive territory ahead of the weekend after the latest data showed consumer sentiment in the U.S. declining, while longer-term inflation ...
From msn.com|Oct 24, 2025|4 commentsThe US government will probably be unable to release inflation data for October, the White House said Friday, citing the ongoing government shutdown. The funding lapse is ...
From finance.yahoo.com|Oct 24, 2025A fresh reading Friday showing that inflation cooled slightly in September is likely to keep the Federal Reserve on course for another quarter-percentage-point interest rate cut ...
- Story Stats
- Oct 24, 2025 10:48am Posted byFundamental Analysis251
