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13,000 tons of Gold rest in India
India accounts for 20% of yearly global gold offtake. 13,000 tons of gold rest in India – or approximately nine per cent of the world’s cumulative mine production. Read News
Aryan
India is never a place to do what you are thinking about. Though India consumes largest gold sales, the country doesnt set any benchmark in gold. The world gold council clearly have a strong hold and it is difficult to come out of its hold and doing business the way you are suggesting
Posted On : Nov 12, 2008 4:20 PM
pavankumar
This report is amazing!.Clearly gave current status of gold market in india.
Can any one tell me how we can capitalize in the gold market?
"Facilities for refining, assaying, making them into standard bars in India, as compared to the rest of the world, are insignificant, both qualitatively and quantitatively."
How we can improve the above mentioned facilities to increase the exports?
Why we should buy the endproduct rather than buying the raw product and process it here.
Can any one give me some pointers on the technology behind processing? Please provide me info on the current marketing strategies?
Posted On : Nov 11, 2008 3:44 PM