Gold may get costlier due to RBI measures

July 22, 2013 21:37

Gold may get costlier after the RBI made it mandatory to export 20 per cent of imports in a bid to arrest the Rupee's fall and improve the current account deficit, traders and jewellers said today.

While exporters hailed the RBI's move, bullion traders and retail jewellers expressed concern that gold could get costlier for both jewellery makers and consumers.

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