Wednesday November 25, 2009 16:57
Gold will continue to glitter in Dec qtr despite high prices
Posted by admin as News
Gold will continue to shine during the present quarter despite high prices, with its sales likely to grow by 25 per cent for October-December period on account of festive and wedding season demand, expects Gem and Jewellery Export Promotion Council (GJEPC).
Besides, the domestic market for jewellery is expected to reach a level of more than 30 billion dollars by March 2010 from 27 billion dollars year ago.
”We hope to reach 30 billion dollars by March 2010 from the present 27 billion dollars as far as the domestice market is concerned,” GJEPC Chairman Vasant Mehta told reporters here today.
Read full story at: WebIndia
Tags: Gem and Jewellery Export Promotion Council, Gold price India, Gold prices