Gold: Pretty sideways performance in #gold over the past few weeks, currently trading around $12

Gold: Pretty sideways performance in #gold over the past few weeks, currently trading around $1283-1284/oz. https://t.co/sNhbsHzttw

Gold: The US dollar has strengthened a little in late April but has drifted a little lower over the past fortnight. https://t.co/WgyvhfjdeO

Gold: Real rates have also traded within a relatively narrow range over the past month, although with the US Real 10-year on lows of the past month, I'm a little surprised #gold is not a bit higher. https://t.co/P81r517vTe

Gold: One previously-supportive factor, very good demand from India, has slowed a little after the Akshaya Tritiya festival and this is showing up in a slight softening of the NCDEX India #gold premium. https://t.co/KQ88JmnfQ5

#Gold: My colleague Mukesh Kumar, suggested that the slight recovery in XAUINR together with some wariness ahead of the final round of Indian election (19th May) and the declaration of the results (23rd May) may be behind the moderation in demand.

Gold: But as Mukesh pointed out to me, the wedding season is still ongoing and Indian #gold demand should remain decent until the end of June.

Gold: Finally in China, the Shanghai #gold market is back after the early-May holidays, volumes are reasonable, but the one observation I'd make is that the high premium seen in March and April has gone and back to more normal levels. #goldhub #blog https://t.co/zjzIsKie2J