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Asian gold markets rebound on strong retail buying in India and China
Gold prices saw a bounce-back in key Asian markets this week, trading at a premium in India and China for the first time in roughly two months, as a recent price correction from all-time highs spurred a revival in retail demand. Indian dealers moved from offering a discount of up to $61 last week to charging a premium of as much as $15 per ounce over the official domestic prices this week, according to a Reuters report. This shift in pricing includes the standard 6% import and 3% sales levies. Domestic gold prices were trading at approximately 136,700 rupees per 10 grams on Friday. This follows a record high of ... (full story)
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From finance.yahoo.com | Jan 2, 2026
Gold and silver advanced as trading in 2026 kicked off, building on their best annual performances since 1979. Bullion rose near $4,375 an ounce, as silver gained more than 2%. While traders have flagged the metals could do well in 2026 on further US interest-rate cuts and dollar weakness, there’s near-term concern that broad index re-balancing may pressure ...
On Friday, the gold price pulled back from the session highs of about $4,408 to trade at about $4,328 after the latest U.S. data. The XAU/USD trades within a sideways channel formation in the 60-minute chart. The price of the yellow metal has now fallen to trade a few levels below the 100-hour moving average line. Friday’s pullback prevented it from ...
