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Our Bureau

Mumbai , June 28

THE country's bullion hub will host a two-day seminar on gold `India Gold Convention 2004' during August 20-21, which will focus on India as the emerging world market for gold.

Experts from here and abroad will share their views on demand and supply scenario — both global and Indian — innovative investment opportunities in gold, price risk management, price outlook and trends in the jewellery market.

An exclusive training session on market analysis and use of gold futures to contain price risks has also been scheduled.

Organised by the Bangalore-based Foretell Business Solutions, the convention is expected to attract all the major stakeholders in bullion business. India is the world's largest importer and consumer of the yellow metal. Futures trading in gold, which commenced recently is picking up volumes.

Mr G. Srivatsava of Foretell told Business Line that the Bombay Bullion Association, Multi Commodity Exchange and brokerage houses are supporting the convention.

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