 "Gold")
Gold discounts in India were at their widest in nine months this week as higher domestic prices tempered retail purchases, while buying in other Asian centres remained subdued amid a lack of significant momentum in global prices.
Dealers in India were offering a discount of up to $7.50 an ounce over official domestic prices this week, the highest since September 9. This compared with discounts of $5 last week. The domestic price includes a 10 percent import tax.
Gold was being sold at a discount in Indian markets for the sixth straight week.
"Jewellery showrooms were deserted.
Dealers in India were offering a discount of up to $7.50 an ounce over official domestic prices this week, the highest since September 9. This compared with discounts of $5 last week. The domestic price includes a 10 percent import tax.
Gold was being sold at a discount in Indian markets for the sixth straight week.
"Jewellery showrooms were deserted.
