Page 3 - Bernard Sin News Today

Asia Gold: Chinese dealers charged premiums of $20-$35 an ounce over global spot prices, versus $15-$22 last week.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Physical gold demand stalled in India this week as monsoon rains and a spike in domestic prices kept buyers at bay, while bullion was sold at high premiums in top consumer China. Indian...

Indian gold prices fell to 58,661 rupees per 10 grams earlier this week, the lowest since in 11 weeks.

Indian dealers offer $3/oz premiums vs $5 discounts last week

(Reuters) - A pullback in domestic prices for physical gold from record highs lured back some buyers in India this week and prompted dealers to slash discounts to a 10-week low, while the bullion market in top hub China saw subdued activity. | 07:07am

A pullback in domestic prices for physical gold from record highs lured back some buyers in India this week and prompted dealers to slash discounts to a…

* Indian dealers offer $11/oz discounts vs $23 last week * Jewellers were on sidelines on price correction hopes- Indian dealer * Some dealers in China offer discounts for second str... | 07:25am

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.

Physical gold dealers in India were forced to offer the steepest discounts in over a year to lure buyers put off by a record surge in local prices this week, while the banking crisis fueled steady demand in top buyer China.