Gold discounts in India, the world's
second-biggest consumer, widened this week as dealers struggled to offload
stocks amid sluggish demand. Dealers were offering discounts of US $6 to US $8
an ounce to the global spot benchmark this week, compared to discounts of US $4
to US $6 last week. The value of India's August gold imports
jumped 140 per cent from the same month a year ago to US $4.96 billion, the
trade ministry said this week....Read More
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