Gold sales in India witnessed a sharp decline in June. The drop is attributed to high and fluctuating gold prices. India Bullion & Jewellers Association reports a 60% decrease. Jewellers are now promoting 14-karat gold. This is due to its affordability. There are ongoing discussions for hallmarking 9-karat gold. The Bureau of Indian Standards is working on the hallmarking model.

Leave a Reply

Your email address will not be published. Required fields are marked *