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India gold premiums hold firm on muted demand

The gold premiums in Mumbai remained flat with no major upticks during the week. The yellow metal continued to trade more or less on par with international prices or at a premium of $1. The premiums held firm when matched with the ...

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India gold premiums jump despite surging imports

The gold premiums in Mumbai climbed higher during the week. The gold which had traded at a premium of as low as $1 during the previous week has now increased to $2-$3 per ounce over London spot prices. This is despite a ...

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India gold premiums rebound as imports plunge on thin demand

The gold premiums in Mumbai climbed higher during the week. The premiums jumped from $4 to $6 during the previous week to $5-$8 per ounce over London spot prices. Meantime, the gold imports by the country have dropped in anticipation of further ...

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India’s Gold premiums may double by the end of October

Indian gold premiums may double by the end of October, said Commerzbank, citing comments by the All India Gems & Jewellery Trade Federation. The federation said the gold-price premium over London values could rise to $20 per troy ounce, which would be ...

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