“In a bid to support the Indian government’s efforts, jewellery retailers have decided to join in and curb investment into the precious metal.  Several prominent retailers like Gitanjali Gems, TBZ and Tanishq, are to voluntarily stop sales. All India Gems and Jewellery Trade Federation, which has more than 40,000 members, has said that over 85% of its members have agreed to the ban. The rest are slated to join over the weekend. ‘The jewellery community has come together in supporting the country in times of crisis. We are happy to help with this voluntary action,’ said Haresh Soni, chairman of the Federation.”

http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=197622&sn=Detail

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