[India's High Gold Prices and Heavy Tax Burden Lead to Divergence Between Official and Cash Prices in the Gold Market] Deep Tide TechFlow reports that on September 29, according to Jin10 Data, due to the dual pressure of rising international gold prices and India's heavy domestic tax burden, the Indian gold market is witnessing an increasingly pronounced divergence between 'official prices' and 'cash prices.' Industry analysts point out that to avoid high import duties and consumption taxes, a significant portion of gold transactions is gradually shifting to off-market channels. Market monitoring indicates that current cash transaction quotes for some off-market gold can be up to 6% lower than official market prices. This notable price gap has directly fueled the activity of black-market cash transactions. The macroeconomic policies originally aimed at curbing gold consumption have, in practice, inadvertently increased the scale of capital flows in the informal market.