Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
Despite the onset of wedding season, the situation in apparel retail market remained unchanged and saw sharp decline in sales
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
A sharp decline in sales and prospects of a grim future have resulted in a fall in jewellery stocks.
Real reason for crashing gold prices is not Trump victory, says expert.
The study says the entire supply chain of goods and services will suffer a massive liquidity shock.
The concept of gold as an asset capable of getting anytime money is evaporating.
Following the surge in demand, Bitcoin is being quoted on Indian exchanges at 25-28 per cent higher than the international price, reports Rajesh Bhayani.
Have patience and bear with this turmoil. Do not panic. Buy at declines for the long term, says Nirmal Jain.
Jewellers sold huge quantities of precious ornaments at a premium of up to 50%.
The Modi government's decision to demonetise Rs 500 and Rs 1,000 banknotes will drive up interest in the bullion market
The coins can have the face and names of the owner embossed on them.
In India post the success of masala and green bonds on the LSE, Nikhil Rathi tells Rajesh Bhayani that there are many international investors interested in buying into the India story
Imports in 2016 expected to be lowest in 7 years but experts don't rule out a revival in demand if the yellow metal's price falls
In dollar terms, however, gold prices jumped by 26 per cent this calendar year, following sharp jump in hedge funds' long position
Vegetables and fruits have weights of 1.74 per cent and 2.11 per cent, respectively, in the wholesale price index.
A little away from the city in the northern suburbs, vegetables are 15-30 per cent costlier.
'Irrespective of the price movement of gold, customers can lock in their purchase at Rs 28,000 per 10 grams of pure gold.'
March was the worst month for gold imports because of a strike by jewellers over the imposition of an excise duty.
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