Daman Prakash Rathod
Last quote by Daman Prakash Rathod
Demand is still weak. Rural consumers don't have enough cash in hand to make big purchases like gold.
Dec 30 2016
Daman Prakash Rathod has been quoted 5 times. The two most recent articles where Daman Prakash Rathod has been quoted are Asia Gold-China premiums near 3-yr high, Indian demand remains subdued and Asia Gold-China premiums hit near 3-year high on possible import restrictions. Most recently, Daman Prakash Rathod was quoted as having said, “Everyone is running business with limited inventory. Jewellers are waiting for correction in prices and want to see how demonetization pans out.”.
Quotes by Daman Prakash Rathod
Dec 09 2016
Everyone is running business with limited inventory. Jewellers are waiting for correction in prices and want to see how demonetization pans out.
Nov 25 2016
Retail demand has fallen, especially in rural areas, due to the cash crunch.
Nov 16 2016
We're uncertain about what the government will do next. No legal business trader is willing to risk very big quantity. (Some) want to buy 2-3 kgs extra so that in future they could conduct their business for a month or two until the situation is sorted out.
Nov 11 2016
The ban on high-value notes has disrupted smuggling network. Demand is shifting to banks and refiners.
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