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 offered 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% and sales tax of 3%.
"The ....
Tags : India, Christmas, Chinese New Year festivities, gold, jewellery,
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