Indian dealers this week offered a discount of $12-$27 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies, down from the last week’s discount of $35... Rajendra Jadhav and Rahul Paswan
Gold’s drive toward $3,000 an ounce pushed the market into overbought territory, raising the risks for short-term selling pressure... Neils Christensen
Hopes for a stabilizing U.S. housing market were dealt another severe blow after the number of potential home buyers fell beyond expectations again last month... Ernest Hoffman
A sharp drop in U.S. consumer confidence is not having much impact on the gold market as prices continue to see solid selling pressure... Neils Christensen