India's August gold imports slump to three-year low as prices hit record

India imported 30 tonnes of gold in August, down from 111.47 tonnes a year ago

In August, dealers were offering a discount of up to $37 an ounce from official domestic prices, the biggest since August 2016. The domestic price includes a 12.5% import tax and 3% sales tax.

India's August gold imports slump to three-year low as prices hit record