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BRIAN LAN
Silver tops $65 for first time; gold firms as US unemployment rate climbsSilver surged to a record high above $65 an ounce on Wednesday, driven by weaker U.S. labor data that fueled expectations of interest rate ...- Gold: India flips to discount after festivals; premiums rise elsewhere as prices easeGold demand has slowed in India after major festivals, causing dealers to offer discounts for the first time in seven weeks. This comes as ...
- Indian jewellers stock up for festive season; activity muted elsewhereDespite rising prices, India witnessed a slight increase in physical gold demand as jewelers prepared for the festive season, with premiums...
- Indian dealers offer steeper discounts as price rally dulls demandGold discounts in India have surged to a one-month high due to near-record domestic prices dampening demand. Dealers are offering discounts...
- Gold demand in India slows, Lunar New Year fuels interest in other hubsGold discounts in India increased as high local prices deterred buyers, while Lunar New Year festivities spurred gold purchases in other As...
- India gold premiums steady as price fluctuations stabilise demandPhysical gold premiums in India remained steady despite a price correction, with strong demand early in the week waning as prices increased...
- Gold hits more than 9-month high after Powell strikes dovish toneSpot gold was up 0.1% at $1,951.79 per ounce, as of 0401 GMT, after hitting its highest since April 2022 earlier in the session. U.S. gold ...
- Asia gold-activity stalls, Singapore buyers pick up festive giftsWhile the market has quietened, there's been quite a bit of a retail buying this week into year-end, said Brian Lan, managing director at d...
- Physical gold in India swings to discount as pandemic stalls demand"Almost every state government has put some kind of COVID-19 restrictions... jewellery stores are either closed or witnessing negligible fo...
- Gold finds more takers as prices dipLocal gold futures in India traded around Rs 44,400 per 10 grams on Friday, near a one-year low of Rs 44,150 they touched earlier in the we...
- Indian buyers pile in as gold prices dip to one-year lowDealers charged up to $5 an ounce over official domestic prices, inclusive of 12.5% import and 3% sales levies, compared with last week's p...
- Low gold prices spark flurry of activity in IndiaGold futures in India were trading around Rs 46,000 per 10 grams, not far from the eight-month trough of Rs 45,861 touched last week.
- Indian jewellers gear up for next festival as sales pick paceIndians celebrated the Dussehra festival on Sunday, and now await Diwali and Dhanteras in November. "Dussehra sales gave confidence to jewe...
- India gold premiums rise as jewellers boost festive stocks"Investment demand was good in the last few days. Retail demand for jewellery is still weak, but it could improve during the festive season...
- Indian dealers stock up, hope to usher in festive glitterDemand from dealers has been improving slowly as they expect a revival in retail purchases during the festival season, said Mukesh Kothari,...
- India flips to premium as gold jewellers bank on festive revivalIndians will celebrate Dussehra in late October and Diwali and Dhanteras in November, when buying gold is considered auspicious.
- India, China retail gold markets reel from pandemic painDiscounts in top buyer China deepened to $30-$25 an ounce versus global benchmark prices, from $20-$25 last week.
- India gold dealers offer big discounts as virus fears stifle demandIndia's gold imports plunged 99% in May from a year earlier.
- Gold steady on Fed rate pause hopes, stronger equitiesSpot gold was flat at $1,291.24 per ounce at 0114 GMT.
- Gold slips after Fed minutes show split outlook, data eyedUS gold futures for August delivery rose 0.2 per cent to $1,223.70 an ounce.
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