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Wednesday, May 17, 2006
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Precious commodity

K.K. Mustafah

DEFICIENT IN PURITY?: A scene from a gold jewellery manufacturing unit in Kerala. Though India consumes nearly 30 per cent of the global gold production, there is a 11 per cent deficiency in purity in gold used in jewellery, leading to an annual loss of Rs 6,000 crore to the customers. The country deals with 750 tonnes of gold, valued at Rs 65,000 crore every year.

More Stories on : Gold & Silver | Economic Offences | Standards & Benchmarks | Gems & Jewellery

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