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Buy gold at a premium of Rs 3,000

Even paying a premium of Rs 2500-3000, have difficult to buying gold. Bullion traders and jewelers for the festive season of Indian and marriage are getting hard to meet the increasing demands.  All the jewelers and bullion traders are upset nowadays, the gold supply firms MMTC, STC, Axis Bank and SBI are charging a premium of Rs 2500-3000 every 10 grams.

Buy gold

Not only is it difficult for small jewelers, 1-2 kg of gold to buy them at retail, if it refuses the companies. Traders also charges that, by paying high premium companies are in the business of gold jewelry are bought.  After Navratri gradual is increasing purchasing the metal gold. Diwali a few days later, and the current wedding season will begin. Gold demand has 100 kg in Ahmadabad alone every day, and hope to jewelers, the demands would increase the 1.5 times in the next few days. Such a even at a higher premium they are getting 15 days after the delivery of gold.

By the Central Government has already imposed a duty a 10 per cent, up nodal agencies now are charging a premium of 10 per cent,
Despite this, gold buyers are not fewer. Such a problem of jewelers, in the coming years how he will do his business.

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Source :  http://hindi.moneycontrol.com/mccode/news/article.php?id=88838

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About Narmada Ji

Myself Technical Analyst and Owner Investment Growth Services (100mcxtips.com). 100McxTips is a Market Leader MCX Commodity Advisory, which has a strong hold in offering trusted MCX Tips and accurate as well as Commodity Market Tips. For more mcx, commodity market news by 100McxTips, follow us on Twitter @100mcxtips and on Facebook at facebook.com/100mcxtips.

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