India, May 15 -- Gold prices gained on Thursday after heavy losses on Wednesday attributed to ebbing safe haven demand. Both Spot Gold and Gold Futures have gained in Thursday's trade.
Spot Gold had declined 1.9 percent and Gold Futures for June settlement had erased 1.8 percent on Wednesday.
Gold Futures for June settlement rallied 0.31 percent overnight to trade at $3,198.16, versus the previous close of $3,188.30.
Gold's gains on Thursday came amidst an easing in the Dollar index and the softening in bond yields. The six-currency Dollar Index declined more than a quarter percent on Thursday. Ten-year bond yields in the U.S. eased 1.2 percent. Bond yields in Germany, France, U.K. and Japan also declined on Thursday.
The warnings by Fe...