| Gold prices stayed firm on Wednesday as stronger physical demand for the precious metal, ahead of India's late-October festival season, offset a steady U.S. dollar. Demand for bullion is expected to pick up ahead of festivals such as Dhanteras and Diwali, which is also a time when gold is traditionally given as a gift.
"A recovery in physical demand provided the foundation for the rally that carried over into later trading," HSBC analyst James Steel said in a note. "Gold investors brushed aside the negative impact on bullion of a firmer USD.".......................................Full Article: Source
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