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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