Gloom to boom: Gold gets its shine back for India's festivals
Precious metal's sales for full year seen recovering 5 per cent to about 700 tonnes from 2016
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Mumbai
UNTIL early this month, Indian jewellers expected the traditional surge in demand from the Hindu Festival of Lights in October to be muted.
The gold industry was struggling to cope with a slump in sales caused by a government crackdown on the black market, and efforts to increase financial transparency.
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