Indian dealers offered a discount of up to $14 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies, unchanged from last week.
"Local gold prices have been rising more than global prices in the last few days due to the depreciation of the rupee to a record low. This has been dampening demand," said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji.
The Indian rupee depreciated to a record low this week, effectively making imports more expensive.
Denne historien er fra January 04, 2025-utgaven av Hindustan Times East UP.
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Denne historien er fra January 04, 2025-utgaven av Hindustan Times East UP.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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