Bernard Sin News Today

An uptick in gold prices this week deterred physical purchases in top consumers, prompting dealers to offer lower premiums in China and deeper discounts after a key gold-buying festival in India. ... -May 20, 2024 at 03:00 am EDT - MarketScreener

In China, dealers charged premiums of $18-$20 per ounce over benchmark prices, down from the $20-$35 premiums seen last week.

Physical gold demand in India remained subdued this week despite a slight correction in prices as buyers awaited an even bigger drop, while Chinese premiums slipped for the second straight week...

Physical gold dealers in India charged premiums this week for the first time in nearly two months as a pullback in domestic prices lured buyers, while premiums in top consumer China slipped. ... -April 26, 2024 at 08:26 am EDT - MarketScreener

Physical gold demand in India remained tepid this week as a blistering rally in domestic prices put off buyers,...

A sustained record rally in domestic gold prices crippled the typical busy wedding season demand in India, with...

Physical gold demand in India fell sharply due to high domestic prices, forcing dealers to quote steeper discounts...

Physical gold dealers in India increased discounts to seven-month highs this week in a bid to lure customers as record local prices hurt demand, while premiums in top consumer China slipped.... -December 08, 2023 at 06:57 am EST - MarketScreener

Physical gold dealers in India were forced to offer steeper discounts this week as record high prices accelerated a post-festival slowdown in demand, with the rise in local prices hurting activity in other Asian hubs as well. Indian dealers offered discounts of up to $9 an ounce over official domestic prices — inclusive of 15% import and 3% sales levies — up from the last week's discounts of $6. Demand was good for a few days after the Diwali festival last month, but rising...

Physical gold dealers in India were forced to offer steeper discounts this week as record high prices accelerated a post-festival slowdown in demand, with the rise in local prices hurting activity... -December 01, 2023 at 07:35 am EST - MarketScreener