Goodbye gold discounts: Prices now trade at a premium to spot in India and China following pullback from record highs

(Kitco News) – After two months trading at a discount against the international spot price, gold is now trading at a premium in the world’s two top markets.India and China saw prices flip to a premium this week after a ​pullback from all-time highs helped boost retail demand, which was restrained by December’s unprecedented price rally.