Gold discounts in India widen to highest in almost three years as prices reach record
Physical gold discounts in India widened to their highest in almost three years this week as local prices surged to record peaks, while Asian hubs, barring China, saw aggressive selling from customers as global bullion rates scaled a 6-year peak.
Dealers offered discounts of about $7 last week. The domestic price includes a 10% import tax and 3% sales tax. Image source: Reuters