Gold discounts

Gold Price Today, 2 May 2021: Gold being sold at discount in India as COVID-19 pandemic stalls demand

Dealers were offering a discount of up to $2 an ounce this week over official domestic prices, inclusive of 10.75% import and 3% sales levies, from last week`s premium of $2.  On Friday, gold prices ended 0.13% higher at Rs 46,785 per 10 gram. Silver prices stood at Rs 68,423 per kg. 

 

May 02, 2021, 14:16 PM IST

Gold discounts widest in 17 months, jewellers anticipate duty cut

Indian gold importers are offering a discount of up to $16 an ounce versus London prices, the widest in 17 months, as jewellers curtail purchases ahead of a possible cut in the import duty.

Jan 21, 2015, 18:17 PM IST