Touching the sky of gold price, hands on everyone’s head
The price of gold is increasing tirelessly. On the first day of the new financial year (2024–25), it again set a precedent and reached the threshold of Rs 70,000. However, the yellow metal has already crossed that milestone by adding taxes. On Monday, 10 grams of retail gold (24 carats) rose to Rs 69,750 for the first time in Kolkata. 71,842.50 with GST. As a result, jwellery gold also rose. Hallmark gold jwellery touched an unprecedented high of Rs 66,350 per 10 grams. 68,340.50 with tax.
Gold industry circles claim that, as a result, buyers and traders are facing problems. They need solutions. National Gem and jwellery Domestic Council Director Samar Dey said this is why a bunch of demands are being made to the Center. He said, "There are demands to buy jwellery with bank loans, redu...