Uniform Gold Price Based on Bank Rate
- Kerala became the first state in India to launch uniform gold prices based on the bank rate.
- The decision to introduce a uniform price on 916 purity 22-carat gold has been taken at a meeting between officials of Malabar Gold and Diamonds and key members of the All Kerala Gold and Silver Merchants Association.
- Being a top gold-consuming state in the country, Kerala can set the stage for a countrywide roll-out of uniform gold ....
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