Gold prices in India fall to one-year lows and then jump sharply, premiums drop1 min read . Updated: 02 Apr 2021, 11:29 AM IST
- Earlier this week, gold fell to the lowest in a year
- But later it bounced back over ₹1,000 from these lows
The premium gold dealers charged over official prices in India edged lower amid an uptick in prices. Dealers charged premiums of up to $4 an ounce this week over official domestic prices, down from the last week's $5, Reuters reported. , Gold rates in India include 10.75% import and 3% GST. Gold futures on MCX settled at ₹45404 per 10 gram on Thursday. Trading on MCX will be closed today due to a public holiday. On the other hand, silver futures settled at 65,040 per kg. For the week, gold ended higher by ₹300.
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