Demonetisation one month: Jewellers feel the heat of cash crunch as gold sales slump nearly 90%

Gold shopping in India is an activity indulged by both the rich and the poor. Demonetisation has dealt a body blow to the world’s second-biggest gold consuming nation and consequently to the demand for gold, a must-have accessory in Indian weddings. Demand for gold jewellery has dropped as much as 80 percent with jewellery shops witnessing … Read more Demonetisation one month: Jewellers feel the heat of cash crunch as gold sales slump nearly 90%