Gold crush, as prices rise
As gold touched an all time high of Rs 1,500 per 1 gram, jewellery shops are in doldrums. Over the past one month, gold prices have shot up by 20 per cent. For full story, click here
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High prices lead to 25% rise in used gold sales
Record high gold prices have prompted Indian investors to cash in on their holdings, leading to a 25 per cent rise in the sales of used gold (scrap recovery) in the last one month. Ashok Minawala, chairman, All India Gems & Jewellery Trade Federation, said: Scrap gold sales have risen 20-25 per cent from the [...]
