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Easing of India rule seen boosting gold demand
Retailer says that it will remove monopoly enjoyed by bigger traders and allow more supplies to smaller jewellers
Add BT as a preferred sourcePublished Mon, Dec 1, 2014 · 09:50 PM
Mumbai
FOR Indian gold buyers looking for bargains ahead of the main wedding season, the scrapping of curbs on imports last week could not have come at a better time.
"I'm very happy that I'm able to get more gold within my budget," said Sunita Jain, 55, a housewife whose son is getting married this month. "Prices have fallen and may fall even more," she said while checking out jewellery stores in Mumbai's Zaveri Bazaar.
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