Friday, 23 May 2014

Gold will drop to Rs 24k/10gm: IBJA

The India Bullion and Jewellers Association (IBJA) has welcomed the amendments done in the gold import policy by the Reserve Bank of India (RBI) on 21 May 2014. Addressing a press conference in Mumbai IBJA President Mohit Kamboj said that gold prices are likely to fall to Rs 23000-24000 per 10 grams by Diwali as it also expects the customs duty reduction in the forthcoming Budget. read more

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