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Asia Gold India market still muted, China flips to discount


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Seller waits for customers at a jewellery showroom during Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, amidst the spread of COVID-19 in Mumbai, India, November 13, 2020. REUTERS/Niharika Kulkarni/Files
Indian gold dealers offered the biggest discounts in 8-1/2 months this week as COVID-19-related restrictions stifled consumption, while top consumer China flipped to a discount for the first time since late January.
India s official tally of coronavirus infections crossed 28 million, with more than 2,500 daily deaths. read more
Bullion dealers offered hefty discounts since prices are correcting overseas and demand is weak in the local market, said a Mumbai-based bullion dealer with a gold-importing bank. ....

Thomson Reuters Trust Principles , Greater China , Goldsilver Central , Thomson Reuters Trust , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , அதிகமானது சீனா , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,