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Chemmanur Gold Refinery

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  • Business

Why the gold monetisation scheme is yet to take off

  Banks still lukewarm; changes needed in norms for jewellers and refinery margins, among others The government’s gold monetisation scheme hasn’t taken off, with banks yet to push......

Gold refineries shutting bulk operations

India’s gold refineries are operating, says the trade, at only 25 per cent of installed capacity due to acute shortage of used jewellery. “There was no gold import in the last two......

Gold dealers rush to set up refineries

Encouraged by the widening gap in import duties on raw and refined gold, about 10 medium-sized gold dealers have lined up proposals to set up refineries in India’s hinterlands. Together,......

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