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India's gold dealers deepen discounts to jewellers

Saturday, February 27, 2016 - 05:50

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GOLD dealers in India, the world's largest bullion market after China, have deepened discounts to jewellers by as much as seven-fold after a surge in global prices cooled demand and amid speculation the government will cut import taxes in the budget on Monday.

Mumbai

GOLD dealers in India, the world's largest bullion market after China, have deepened discounts to jewellers by as much as seven-fold after a surge in global prices cooled demand and amid speculation the government will cut import taxes in the budget on Monday.

Reductions

sentifi.com

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