Physical gold dealers in India were forced to offer discounts for a fourth straight week as bullion remained unattractive for most retail consumers. In India, the second-biggest buyer after China, demand took a further hit due to the start of ‘Shradh’, a two-week period considered inauspicious to buy gold and other assets. Local gold futures traded around 51,445 rupees per 10 grams on Friday, having hit an all-time high of 56,191 rupees last month. …read more
Source:: Yahoo Finance
