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Gold edges higher as weaker dollar meets inflation worries and Trump Xi talks
Economy
Published on 14 May 2026
India dealers slash prices to record discounts—why now
Gold ticked up as the dollar weakened, with traders focused on looming Trump and Xi Jinping talks. At the same time, U.S. producer prices jumped, pointing to faster-moving inflation. In India, gold discounts widened to a record high despite weak demand, highlighting a split between global cues and local buying sentiment.
- Gold rose slightly as the dollar weakened
- U.S. producer prices surged, suggesting accelerating inflation
- India gold discounts hit record levels amid soft demand
- Trump Xi negotiations are shaping investor risk appetite
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times