RBI eases gold import rules, prices drop

The Reserve Bank of India today had dropped the rules to import Gold and allowed seven more private agencies to bring the precious metal into the Country. The move caused an immediate drop of 800 Rs in the price, but also resulted in a rise in the share prices of few jewelry companies. Titan, Gitanjali, Rajesh Exports, TBZ and few other share prices climbed up.

Medaram Jathara

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