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Goldsmiths in trouble due to high gold prices

Updated on Aug 03, 2009 07:08 pm IST

The rising prices of gold with each passing day has resulted a drastic decrease in the number of buyers. Consequently, goldsmiths in Ahmedabad are apprehending a jobless situation. This has affected the overall business in Gujarat where thousands of gold workers have lost their job in the industry under the tag of meager business. As a result, traders who are now inclining towards Multi Commodity Exchange of India have urged the government to reduce some amount from the current gold price.

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