Indian gold dealers gave huge discounts to entice customers who put off purchases due to a jump in prices this week, but, China's efforts to reopen its markets have kept prices steady as it continues to be the top buyer of gold globally.
Dealers in India were giving discounts of up to $25 per ounce on official domestic prices, inclusive of the 15 percent import and 3 percent sales levy, which was an increase from the previous week's discount of $20.
