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MARKETS-ECONOMIC TIMES · INDIAN ·

India swings to premium on price retreat; China demand muted

As reported by Markets-Economic Times
Indian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This revival is fueled by falling international prices and a strengthening rupee. Meanwhile, China's physical demand for gold has noticeably weakened, with jewellery sales and household caution impacting the market, though the central bank continues its consistent buying spree.
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Indian gold markets are experiencing a return to premium after a recent price correction, encouraging cautious buyer re-entry despite affordability concerns. This domestic revival is supported by declining international gold prices and a strengthening rupee. Conversely, China's…

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