Asia Gold: Weddings boost Indian demand; activity muted in other hubs Rajendra Jadhav, Karen Rodrigues 3 MIN READ
MUMBAI/BENGALURU (Reuters) - Physical gold demand in India was robust this week as consumers stepped up purchases during the traditional wedding season after domestic rates slipped to a near six-week trough, while gains in global prices weighed on bullion’s appeal in other Asian hubs.
In Singapore, premiums eased to $0.50-$0.80 an ounce from $0.60-$0.90 previously.