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India gold demand firms ahead of festival; China premiums ease
Gold demand in India picked up slightly this week ahead of a key festival, although elevated prices weighed on sentiment, while premiums in China narrowed as retail demand slowed. Akshaya Tritiya, the second-biggest gold-buying festival in India after Dhanteras when buying gold is considered auspicious, will be celebrated on April 19. "Retail buyers have started making bookings for the Akshaya Tritiya festival, but footfalls are far lower than normal. They are struggling to adjust to higher prices," said an Ahmedabad, Gujarat state-based jeweller. Domestic gold prices in India were trading around 152,800 ... (full story)
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- Apr 10, 2026 8:52am Posted byFundamental Analysis255
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