New Delhi, June 1 -- In India, the prices of gold and silver vary across cities. When an investor compares the gold rate in Mumbai with the gold price in Chennai, they will find slight but noticeable differences. The same trend is also observed in silver rates across major cities, where local prices differ even when the base price remains the same.​

To most market participants, these differences are just city-specific price differences that have nothing to do with them. To smart traders, these differences serve as insightful market signals. In this blog, we will explore the reasons behind these price gaps and how traders can exploit them.

It is essential to comprehend the reasons behind the existence of these gaps in metal prices ...