Levy in India one of the highest in the world; finance minister urges banks to tell customers not to invest in the metal.
At nine-month high, current prices attractive; consumers want to cash in before a correction
It was unclear how bankers were deciding which jewellers to support
Dealers anticipated a sharp rise in jewellery demand this wedding season, but then came demonetisation.
India's biggest jewellers' association has asked members to stop selling gold bars and coins.
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