India gold discounts widen on tepid demand, ample supply

Gold discounts in India, the world's second-biggest consumer, widened this week as dealers struggled to offload stocks amid sluggish demand. Dealers were offering discounts of $6 to $8 an ounce to......

Gold traders prefer to stay away; prices extend fall

Gold traders in India, the world's biggest buyer of the metal, preferred to stay on the sidelines as a seasonally slack demand period was underway, with prices extending the fall from their highest......

Gold demand in India firm as jewellers stock up

Gold demand in India, the world's biggest buyer of the metal, remained strong on Thursday as jewellers were restocking for a key festival, though retail demand was weak.The actively traded gold......

For Indians, paper gold can't beat the real thing

India is meeting stiff resistance in its drive to make the buying of gold jewellery more transparent and to channel demand into paper gold to stop the metal being used to hide billions of dollars......