Gold, which hovers near record high of $1,813.79 an ounce, looks cheap to Asian buyers if it compares with nominal income growth there, Nomura says in a note.
52327
Gold looks cheap in Asia:
58730
Gold hovers around $930
106897
Gold settles at highest in more than three months
16599
Nomura goes bullish on metals and mining
115644
Gold eases below $1,360
44318
Gold recovers in thin Asian trade
5822
Gold falls on weak global trend
115052
Gold extends upward trend
44623
Gold eased marginally in Asian trade, after near record overnight gains
113258
Gold hovers near $1,580;
159888
Gold buyers continue to pick bargains
146813
Gold falls by VND500,000 per tael
68083
Gold succumbs to profit-taking
104617
Gold falls from record level to Rs 19,010
3849
Gold prices slide below $1,680
100229
Spot gold prices show limited strength
128143
Gold falls over 1 percent