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With Eyes On Festive Demand, Gold Dealers Offer Discounts For Fifth Week In A Row
19 Sep 2020, 10:52 AM IST i

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On Friday, domestic gold futures prices were around Rs 51,500 per 10 grams
Gold jewelers in India pinned hopes on an upcoming festival season, with dealers offering discounts for a fifth straight week to lure customers back to shops, as activity remained muted in Asian bullion hubs. In India, discounts eased to $23 an ounce over official domestic prices, inclusive of 12.5 per cent import and 3 per cent sales levies, from last week's $30.
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