Asia Gold-India dealers deepen discounts "Buyers are not willing to make purchases at the current price level. Many investors are selling gold and booking profit," said Prithviraj Kothari, managing director of RiddiSiddhi Bullions. Visit the new PR and continue reading more information. Visit - https://finance.yahoo.com/news/asia-gold-india-dealers-deepen-102124571.html
Asia Gold-India dealers deepen discounts "Buyers are not willing to make purchases at the current price level. Many investors are selling gold and booking profit," said Prithviraj Kothari, managing director of RiddiSiddhi Bullions. Visit the new PR and continue reading more information. Visit - https://finance.yahoo.com/news/asia-gold-india-dealers-deepen-102124571.html
FINANCE.YAHOO.COM
Asia Gold-India dealers deepen discounts, China premiums retreat
Physical gold dealers in India were forced to offer the biggest discounts in four months this week as a jump in domestic prices hit demand, while Chinese premiums fell sharply as buying slowed in the top consumer. The depreciation of the rupee helped to drive Indian gold prices to 53,200 rupees per 10 grams, the highest since April 19, as dealers passed on the extra costs of buying on the dollar-denominated international market. "Buyers are not willing to make purchases at the current price level.
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