Reuters/Savita Kirloskar Finally the global gold market is getting some good news from its top consuming nation — India. Reports earlier this week suggest that something very unusual has just happened with India’s local gold prices: they’ve jumped to a premium above worldwide bullion prices. That’s big news because — so far this year — India’s prices have been lagging the rest of the world. With gold here selling at discounts of $50 or more per ounce below average global prices. Bu...
Reuters/Savita Kirloskar Finally the global gold market is getting some good news from its top consuming nation — India. Reports earlier this week suggest that something very unusual has just happened with India’s local gold prices: they’ve jumped to a premium above worldwide bullion prices. That’s big news because — so far this year — India’s prices have been lagging the rest of the world. With gold here selling at discounts of $50 or more per ounce below average global prices. Bu...
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