Gold gets its festive shine back as lower prices lure Asian buyers
- Lower gold prices in India have drawn more physical buyers, narrowing sellers’ discounts
- Indian jewellers may see stronger festive demand as lower prices attract physical buyers
Topic
Asian markets▼ −40% net tone today
- Japan’s Prime Minister Takaichi will pledge a nimble response to unexpected market moves, Nikkei reports
- Asian equities mostly rose as reduced expectations for near-term Fed rate hikes bolstered risk appetite
- Japan’s Nikkei rose 1.3%, led by AI and semiconductor stocks tracking US chip gains
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