Buzz of gold import ban spreads panic among traders
By GCRU Gold News on Tuesday, November 15 2016, 06:38 - Permalink
Trade body Indian Bullion & Jewellers Association (IBJA) has created a flutter among some of its 2500 members by informing them through a text message that the government might ban imports of gold into the country until the end of the current fiscal year (FY17) and advance the last date of deposit of old notes for jewellers to November 15 to crackdown on black money.