India Gold Market Update: Volatility Softens Demand
2026-03-21 11:46:00 ET
Prices ease, underlying strength prevails
Gold prices have pulled back from end-January highs, pressured by a stronger US dollar and a rise in US Treasury yields. In addition, outflows from gold ETFs, particularly US-listed gold ETFs , – likely indicating tactical profit taking from the sharp rally in January – further weighed on prices. However, the pullback was contained, as heightened geopolitical tensions and ongoing policy uncertainty continued to reinforce gold’s role as a safe-haven asset. Moreover, Asian demand has been strong, with trading during Asian hours contributing positively to returns (1.5% v/s -4.7% during US trading hours). 1 Also, barring the US, ETF demand has been positive across other regions, and the COMEX net long positioning has continued to build. ...
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India Gold Market Update: Volatility Softens Demand
NASDAQ: IAUM
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