News
India gold demand seen muted as jewellers fear GST roll out: WGC
- Date:
- May 4, 2017
- Source:
- Business Standard
Gold demand in India could be muted in the second half of 2017, as the rollout of the new Goods and Services tax (GST) from July is expected to dent appetite in the world's second-biggest consumer, the World Gold Council (WGC) said on Thursday. But sales are likely to be robust during the first six months of the year, the WGC said. Gold c…