Market View: Key levels to watch for gold prices, Seasonal gold jewellery demand, Russia-Ukraine war on flight to safety, Chinese gold ETF outflows

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We’re going to talk all about gold today. According to FX Street, gold traded close to its best levels in five months at the start of the week amid optimism in China’s reopening. 

While better-than-expected US services industry activity data threw a spanner in the works, what is the overall impact of these developments on gold prices and what are the key levels to watch out for now? 

On Market View, Prime Time’s finance presenter Chua Tian Tian sat down with Robin Tsui APAC Gold Strategist, SPDR ETFs, State Street Global Advisor for more. 

They also discussed seasonal gold jewellery, Russia-Ukraine war on a flight to the safe haven gold, central bank’s appetite for gold and Chinese ETF outflows. 

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