XAUUSD Analytics for May 12, 2026
Gold is still struggling to close its bullish margin cycle.
Currently, we need to break through the quarter margin zone from the high in order to descend into the 1/2 area: 4632-4640
India's largest jeweler expects a temporary drop in demand amid gold purchase restrictions
Titan Co. Ltd., India's largest jewelry company, predicts a temporary decline in demand if the government implements measures to restrict gold purchases. Nevertheless, the company remains confident that domestic demand will stay resilient in the long term.