Indian dealers offer $11/oz discounts vs $23 last week Jewellers were on sidelines on price correction hopes-
Indian
dealer Some dealers in China offer discounts for second str. | 07:25am
Physical gold dealers in India were forced to offer the steepest discounts in over a year to lure buyers put off by a record surge in local prices this week, while the banking crisis fueled steady demand in top buyer China.
Gold prices declined in early Asian trading as hopes for progress in the Russia-Ukraine talks diminish safe-haven appeal of the precious metal, Dow Jones Newswires reported.