Wednesday, 24 August 2016

#AOJDailyeNews Illicit gold: India’s smugglers shut out refiners, banks

Indian gold refiners just months ago were ramping up capacity and struggling to secure enough ore from miners. Now, they are suspending operations as a surge in smuggled bullion wipes out wafer thin margins. Gold importing banks and big jewellers have also been hit by the growing entry of illicit gold, Read More

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