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,......