Gold trades at a discount in India. Should you buy the yellow metal now as the festive season kicks off?

​In the international markets, gold prices have been struggling near two-and-a-half-year lows, but the bullion is trading about a per cent higher or up by Rs 226 at Rs 49,628 on MCX. Spot prices of gold were around Rs 49,500 on Monday.

Gold trades at a discount in India. Should you buy the yellow metal now as the festive season kicks off?
​In the international markets, gold prices have been struggling near two-and-a-half-year lows, but the bullion is trading about a per cent higher or up by Rs 226 at Rs 49,628 on MCX. Spot prices of gold were around Rs 49,500 on Monday.