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Gold import curbs to boost grey market in India

The national body of jewellers, the All India Gems & Jewellery Trade Federation (GJF), on Wednesday, said that the recent restrictions on gold imports will encourage smuggling and grey markets......

Gold imports may rise 89% to 100 tonnes in April

India's gold imports is likely to rise more than 89 per cent at 100 tonnes this month compared with last year, mainly due to weakness in international prices and easing of restrictions by the RBI,......

Gold traders urged to curb sale of coins

India's largest gems and jewellery federation has proposed its members curb sales of gold coins and bars in an effort to prevent the government from imposing import restrictions on gold after an......

Gold jewellery exports likely to dip by 50% in FY14

Gold jewellery exports may decline by about 50 per cent in this financial year from last year after government restrictions reduced the availability of raw material, Gitanjali Gems Chairman......

Jewellers may soon offer higher interest on gold deposits

The biggest bullion-importing bank in India plans to team up with jewellers for the first time to offer a gold deposit scheme, hoping ease of access and attractive interest rates will tempt people......
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