Higher prices dent gold demand in Asia; China premiums rise
By GCRU Gold News on Saturday, April 8 2017, 03:44 - Permalink
In top consumer China, premiums were around $10 to $12 per ounce against the international benchmark, up from last week's to $8 to $10.
Premiums in China had risen early this month as traders said supplies of the precious metal were limited due to tightening import restrictions to stem currency outflows.