Asia Gold-Steadily higher prices keep a lid on physical demand

Physical gold sales remained subdued in Asia this week as steadily higher prices kept buyers on the sidelines, but consumer appetite for the yellow metal was seen increasing in the coming weeks helped by seasonal demand.

However, seasonal demand in top consumers India and China would boost interest for the safe haven asset starting the middle of next month, analysts said.

Asia Gold-Steadily higher prices keep a lid on physical demand