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India gold discounts widest in nine months, activity muted elsewhere

Updated : June 14, 2018 04:51 PM IST

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 Sept. 9.
India gold discounts widest in nine months, activity muted elsewhere

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