India gold discounts at widest in five months as prices surge

BENGALURU/MUMBAI (Reuters) – A price rally to record highs subdued physical gold purchases in India this week, driving bullion dealers to offer deeper discounts, while buying interest was minimal in top-consumer China and Hong Kong. Dealers in India offered a discount of up to $25 an ounce to official domestic prices, the most since late September, and up from last week’s $14 discount. …read more

Source:: Yahoo Finance

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