Selling pressure pushes gold prices down in India

Lead and zinc may be geological sister metals but their market fortunes have been very different in recent months.

The mining complex has an annual gold production of 260,000 ounces.

Inkai LLP had to temporarily suspend its production activity since 1 January due to absence of required approvals.

Organizations representing firms including Glencore and a unit of Anglo American are negotiating the terms of the pacts with Transnet.