Gold prices crash 24% globally but fall only 20% in India: Why domestic buyers aren't seeing the full price correction
· livemint.com
Gold prices have fallen 24% globally from their January peak, but domestic rates are down only 20%. Higher import duty, rupee depreciation and unusually high premiums in January explain why Indian buyers have seen a smaller correction.
Gold prices have fallen sharply from their January record highs, but Indian buyers have seen a smaller correction than investors in international markets. Globa...