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Gold Price 'Tests Key Support' as Asian Consumer Demand Jumps on ETF Sell-Off - Vimarsana News

Gold Price 'Tests Key Support' as Asian Consumer Demand Jumps on ETF Sell-Off

  The Dollar Index – a measure of the US currency's value versus its major peers on the forex market – advanced for the 4th consecutive session to its strongest so far in 2021.   The yield on the benchmark 10-year US Treasury yield climbed to 1.617%, the highest since February 2020 Monday morning.    "Gold has despite a stronger USD and higher real yields managed to bounce from key support at $1688," said derivatives platform Saxo Bank's commodity strategist Ole Hansen.   ...

Indian retail gold buyers pile in as prices slide to one-year low - Vimarsana News

Indian retail gold buyers pile in as prices slide to one-year low

Retail consumers in India continued to buy up physical gold this week as prices retreated to a near one-year low, while lower rates also injected fresh activity in other hubs, especially Singapore.

gold prices today: Indian buyers pile in as gold prices dip to one-year low - Vimarsana News

gold prices today: Indian buyers pile in as gold prices dip to one-year low

Dealers charged up to $5 an ounce over official domestic prices, inclusive of 12.5% import and 3% sales levies, compared with last week's premium of $4.

Indian gold buyers pile in as prices dip to one-year low - Vimarsana News

Indian gold buyers pile in as prices dip to one-year low

Retail consumers in India continued to buy up physical gold this week as prices retreated to a near one-year low, while lower rates also injected fresh activity in other hubs, especially Singapore.