Mumbai: Jewellers sold 15 tonnes of gold ornaments and bars worth Rs 5000 Crore, on the night of November 8 and 9 after the government demonetised Rs 500 and Rs 1000 notes.
National Secretary of India Bullion and Jewellers Association (IBJA) Surendra Mehta said that 15 tonnes of gold was sold between 8 pm on November 8 and 2-3 am the next day after PM's demonetisation announcement.
About 2500 jewelleries are registered under the IBJA and most of the sales happened in UP, Delhi and Punjab.
National Secretary of India Bullion and Jewellers Association (IBJA) Surendra Mehta said that 15 tonnes of gold was sold between 8 pm on November 8 and 2-3 am the next day after PM's demonetisation announcement.
About 2500 jewelleries are registered under the IBJA and most of the sales happened in UP, Delhi and Punjab.
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