| From Indiatimes.com: Premiums for gold bars were under pressure in Asia on Wednesday after a spike in bullion prices to a 2010 peak spurred selling from jewellers, but steady demand from the electronics sector offered some solace. Dealers noted selling from Indonesia and Thailand, which kept premiums at 70 US cents to the spot London prices in Singapore, unchanged from two weeks ago.
Selling in Hong Kong cut the premiums by up to 40 percent. "Sentiment seems to be clearly bullish because of the current currency debacle, and as more bad news hits the market, gold should ideally trade firm," said Pradeep Unni, senior analyst at Richcomm Global Services in Dubai........................................Full Article: Source
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