 "Gold price hits lifetime high on global cues: All you need to know")
As the price of gold hit a lifetime high, bullion dealers have started luring customers with 1 per cent discount for rolling over their working capital, to remain afloat in this business.
Against the actual purchase cost from banks at Rs 34,200 per 10 grams, bullion dealers are selling gold at Rs 33,893, exclusive of the 3 per cent GST levied on it.
Further, bullion dealers have also started offering gold without a bill to customers, at nearly Rs 1,000 less than the actual cost of purchase from banks.
Standard gold jumped 1 per cent to hit a lifetime high
