Asia Gold-Price rebound, COVID-19 curbs put brakes on India buying


Source: sharenet.co.za sharenet.co.za

Key Topics in this News Article:

News Snapshot:

Asia Gold-Price rebound, COVID-19 curbs put brakes on India buying * China, Hong Kong premiums unchanged from last week * India premiums ease to $3 versus $4 last week * Singapore premiums rise to $1.5-$2 this week * India's gold imports in March surge 471% Y-O-Y By Rajendra Jadhav and Brijesh Patel April 9 (Reuters) - Physical gold demand in India stalled this week after local prices rebounded from a one-year trough and coronavirus restrictions were imposed, while buyers in other major Asian hubs were also put off by an uptick in prices. "This week gold prices rose in the...