Physical gold demand crept up this week in top hubs India and China though dealers were still forced to offer discounts, while businesses limped back to life in India as some COVID-19 restrictions were eased. Some Indian states have begun easing restrictions as infection cases abate. “Slowly, businesses are opening up in a few states. As new coronavirus cases are falling, expectations are most states will ease restrictions in the next few weeks,” said Mukesh Kothari, director at Mumbai bullion dealer RiddiSiddhi Bullions. Dealers offered discounts of up to $12 an ounce over official domestic prices, inclusive of ... (full story)