Gold dealers in India offered a discount this week because of ample stocks and weak demand during the wedding season, with other regions in Asia anticipating stronger sales ahead of the Christmas and Chinese New Year festivities.
Indian dealers gave an ounce discount of up to $2 on official domestic prices, compared to last week's $1 premium. Domestic prices include import tax of 12.5 per cent and sales tax of 3 per cent.
....Tags : wedding season, Gold dealers, domestic prices, jewelers , private bullion, Chinese festival ,
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