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Jewellery stocks down since gold duty hike

Indian Express | April 5, 2012 | 7:54 pm Precious Metals Asia Europe Gold 

Jewellery stocks have been on the backfoot ever since the Budget 2012-13 announced measures to discourage gold imports that have added significantly to the country’s current account deficit. Shares of jewellery firms have fallen by up to 14 per cent after…

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