India's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices prompted investors to sell gold, even at steep discounts. Retail buyers and jewelers remained absent. This situation is ex… For the full story, visit the source.
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Gold discounts in India hit record at $200/ounce as duty hike sparks selling
India's gold discounts hit a record over $200 an ounce Wednesday. This followed a sharp import duty increase to 15%. Higher local prices prompted investors to sell gold, even at steep discounts. Retail buyers and jewelers remained absent. This situation is ex…
By Reuters· The Times of India· 1 day ago· 2 min read
This summary is sourced from The Times of India. Read the full article at:The Times of India