Indian gold industry forms self-regulatory body with WGC backing – ET Retail

Representative image India’s gold industry, with the support of the World Gold Council (WGC), has established a self-regulatory organisation in a bid to increase consumer confidence and restore trust, the WGC said on Tuesday. The newly-formed Indian Association for Gold Excellence and Standards (IAGES) aims to promote fair, transparent and sustainable practices in the bullion…

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All that glitters is not sold: Gold industry wants duty reductions in Budget 2024 – ET Retail

Gold trade expects the upcoming budget to introduce multiple measures to boost retail consumption and increase the consumption of jewellery and gold products. The trade has also urged the government to reduce import duties on precious metals, specifically gold, silver, and platinum bars as reduction is essential to curb gold smuggling, which has seen an…

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