Friday, May 23, 2014

Ache din for Gold jewellery Industry

...The latest measure from RBI will curb smuggling in the 2nd biggest world gold buyer after china. After the curbs from RBI to control CAD , the move created parallel unofficial channels of entry for gold, and some estimates point at nearly 200 tons of illegal imports in 2013 alone. While the Supplies will improve with this latest directive, the bullion industry is still eyeing further relaxation on the curbs for the industry to come back to normalcy.........

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