Spot gold was down 0.3% to $1,679.41 per ounce by 04:38 GMT, dropping above 3% so far this month while US gold futures were down 0.4% to $1,679.10 per ounce on Wednesday.
India’s foreign exchange reserves rose by $4.483 billion during the week ending Jan.1. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $585.324 billion from $580.841 billion reported for the week ended December 25.
"I have spent almost half the money giving back to friends and family who lost their jobs because of the Covid-19 crisis, and I bought so many things for people in need,” Ben Samuel says.
Spot gold gained 0.6% to $1,850.66 per ounce while US gold futures added 0.5% to $1,850.
Spot Gold fell 0.3% to $1,863.56 per ounce while US Gold futures declined by 0.1% to $1,863.90.
Spot gold dropped 0.6% to $1,822.01 per ounce by 03:30 GMT. US gold futures fell 0.6% to $1,823.90.
Spot gold rose 0.1% to $1,794.11 per ounce by 02:47 GMT. Prices fell over 2% to their lowest level since Dec. 1 on Thursday.
Spot gold rose 0.3% to $1,842.41 per ounce by 03:42 GMT while US gold futures gained 0.3% to $1,843.50.
Spot gold was up 0.4% at $1,782.64 per ounce by 03:36 GMT while US gold futures gained 0.6% to $1,783.10.