Gold consumers in top hub China slowed purchases this week as a steady rise in domestic prices started to bite, forcing dealers to offer discounts for the first time in months.
High domestic prices restrained physical gold demand in India this week, while uncertainty surrounding Taiwan-related developments prompted bullion importers in China to hold off on big purchases.
Physical gold demand improved slightly in India and discounts narrowed this week after prices eased, while concerns over fresh coronavirus outbreaks kept a…
Physical gold demand improved slightly in India and discounts narrowed this week after prices eased, while concerns over fresh coronavirus outbreaks kept a leash on activity in China.
Gold prices declined in early Asian trading as hopes for progress in the Russia-Ukraine talks diminish safe-haven appeal of the precious metal, Dow Jones Newswires reported.