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India sees rise in demand for gold

03:29 Min

A new sparkle has come to India’s gold market after the government in July slashed the import duty on the precious metal by more than half. The move has cooled prices and heated up demand. Local media is reporting as much as a 30 per cent increase in sales for some jewellers. Rebecca Bundhun reports from Mumbai.

A new sparkle has come to India’s gold market after the government in July slashed the import duty on the precious metal by more than half. The move has cooled prices and heated up demand. Local media is reporting as much as a 30 per cent increase in sales for some jewellers. Rebecca Bundhun reports from Mumbai.

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