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Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying
orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.

Gnanasekar Thiagarajan , Saiyam Mehra , Bachhraj Bamalwa , Saurabh Gadgil , Bureau Of Indian Standard , India Gem And Jewellery Domestic Council , Commtrendz Research , Reserve Bank , Chairman Saiyam Mehra , Indian Standard , Managing Director Saurabh Gadgil ,

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

Gnanasekar Thiagarajan , Saurabh Gadgil , Bachhraj Bamalwa , Saiyam Mehra , India Gem And Jewellery Domestic Council , Commtrendz Research , Bureau Of Indian Standard , Reserve Bank , Chairman Saiyam Mehra , Indian Standard , Managing Director Saurabh Gadgil ,

Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes; no panic buying

Jewellers in India, the world s second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank s announcement to withdraw Rs 2,000 notes from circulation.

However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday.

In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes due to strict Know your Customer (KYC) norms although sources said some jewellers have started charging a 5-10 per cent premium, taking the gold prices to Rs 66,000 per 10 grams level. ....

Bachhraj Bamalwa , Saiyam Mehra , Saurabh Gadgil , Gnanasekar Thiagarajan , Bureau Of Indian Standard , Commtrendz Research , India Gem And Jewellery Domestic Council , Reserve Bank , Indian Standard ,