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HomeNewsTechnologyGold discounts in India breach $200/ounce record amid profit-taking

Gold discounts in India breach $200/ounce record amid profit-taking

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Gold discounts in India breach $200/ounce record amid profit-taking

MUMBAI, May 13 (Reuters) – Gold discounts in India widened to a record of more than $200 an ounce on Wednesday, as a surge in prices after the import duty hike triggered investor selling in an already weak demand environment, bullion dealers told Reuters. India on Wednesday raised import tariffs on gold and silver to 15% from 6% as part…

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