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CHEMMANUR GOLD REFINERY
India-made gold bars to be used for futures contracts at NSENSE Refiner Standards for BIS standard gold will be effective from Friday, July 10, 2020.- Misuse of FTA for gold imports to end as govt tweaks import conditionsGold and silver in any form, other than monetary gold and silver in any form, has been moved from free to restricted list, a government not...
- Allow only accredited gold refiners to make bars: IBJAThere are more than 30 regulated NABL/BIS approved gold refineries.
- Jewellers pin hope on NRI season, expect a 30-40% increase in salesJewellers in Kerala are pinning hopes on NRI (non-resident Indian) buying to jack up sales for June-July month.
- No distress sale of Gold seen in 2011Indian families are coping better with the economic downturn of 2011 and there has been no panic selling of the family jewellery.
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