Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
Indian Gold Book:Indian Gold Book - Gold Bars Worldwide
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STATISTICAL TABLES AND APPENDICES ..............................................................................................................8<br />
ACKNOWLEDGEMENTS ........................................................................................................................................11<br />
CHAPTERS<br />
AN INTRODUCTION TO THE INDIAN GOLD MARKET<br />
TABLE OF CONTENTS<br />
1. SUMMARY AND POSITIVE FINDINGS ..........................................................................................................14<br />
2. ROLE OF INDIAN GOVERNMENT ..................................................................................................................24<br />
3. ORIENTATION ................................................................................................................................................36<br />
4. GOLD BULLION<br />
Imported gold bars ............................................................................................................................................51<br />
Bullion importers ..............................................................................................................................................58<br />
Banks ..............................................................................................................................................................60<br />
<strong>Gold</strong> Deposit Scheme ........................................................................................................................................68<br />
Public Sector Undertakings ................................................................................................................................72<br />
Non-Resident <strong>Indian</strong> (NRI) <strong>Gold</strong> Import Scheme ..................................................................................................76<br />
Bullion dealers ..................................................................................................................................................78<br />
<strong>Gold</strong> refiners ......................................................................................................................................................80<br />
Coin fabricators ..................................................................................................................................................82<br />
Bar hoarding ....................................................................................................................................................86<br />
Bulk delivery of official gold imports ....................................................................................................................88<br />
5. GOLD JEWELLERY<br />
Perspective ........................................................................................................................................................93<br />
<strong>Gold</strong> jewellery products ......................................................................................................................................94<br />
Jewellery fabricators ........................................................................................................................................102<br />
Traditional jewellery retailers ............................................................................................................................106<br />
<strong>Gold</strong> jewellery consumers ................................................................................................................................114<br />
Branded jewellery retail chains ..........................................................................................................................128<br />
Hallmarking ....................................................................................................................................................132<br />
<strong>Gold</strong> jewellery exports ......................................................................................................................................136<br />
6. INDUSTRIAL GOLD USAGE ..........................................................................................................................142<br />
7. MUMBAI GOLD PRICES ................................................................................................................................146<br />
8. PRICING AND PROFITABILITY ....................................................................................................................152<br />
9. GOLD MINING AND EXPLORATION ............................................................................................................162<br />
10. GOLD SUPPLY AND DEMAND ......................................................................................................................166<br />
SUPPLEMENTARY SECTIONS<br />
World <strong>Gold</strong> Council ................................................................................................................................................177<br />
Communication ......................................................................................................................................................184<br />
Bibliography............................................................................................................................................................189<br />
About Virtual Metals Research & Consulting Ltd ........................................................................................................190<br />
About Grendon International Research Pty Ltd ..........................................................................................................191<br />
6<br />
AN INTRODUCTION TO THE INDIAN GOLD MARKET