Gold Traders See 5-10% Sales Boost

The glitter seems to be coming back to the bullion markets with good monsoons acting as the catalyst. After two years of stagnant sales at 800-810 tonne due to the drought conditions in major parts of country, traders and importers are expecting a 5-10 per cent increase in domestic sales this year.

Speaking to Business Standard, Mukul S Sonawala, president of the Bombay Bullion Association (BBA) said,