Asian Gold Demand Crumbles Under High Prices, Indian Imports Hit 20-Year Low

25.03.21

Record gold prices are significantly impacting the Asian market, with India seeing discounts reach an eight-month high of $41 per ounce as demand plummeted. Domestic Indian gold prices surged to an unprecedented 89,796 rupees per 10 grams, climbing more than 15% since the beginning of the year. This price surge…

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