NewsSignals AI analysis·Reuters·Oct 30, 2026

Physical gold demand subdued across Asia; India buyers await deeper correction

Grade Bbearish AI signal$XAU

Physical gold demand across major Asian markets remained subdued, as Indian buyers delayed purchases while waiting for prices to fall further and Chinese demand stayed muted. Indian dealer premiums eased to $7 an ounce from $9, while international spot gold was on track for a second consecutive monthly decline amid inflation and interest-rate concerns.

Bullish strength: 20/100

India's gold imports have remained well below normal levels, tightening domestic supplies and supporting local price premiums.
Investment demand and physical buying in Japan improved modestly from the previous week.

Bearish strength: 80/100

Physical gold demand remained subdued across key Asian markets.
Indian buyers delayed purchases in anticipation of further price declines.
Chinese demand remained muted and premiums narrowed.
Spot gold was on track for a second consecutive monthly decline.
Hotter-than-expected US inflation and higher oil prices increased expectations of a potential Federal Reserve rate hike.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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