In the row of One Nation One Rate gold price in India, All India Gem & Jewellery Domestic Council (GJC)- Chairman Saiyam Mehra said, As the Chairman of the All India Gem & Jewellery Domestic Council (GJC), I firmly believe that implementing a ‘One Country One Rate’ policy for gold will bring significant benefits to the industry.
This initiative will create a more transparent and uniform pricing structure, reducing discrepancies and fostering a fair marketplace for all stakeholders. It will also enhance consumer confidence, as they will no longer face varied pricing across different regions. Our council is committed to advocating for this policy and working collaboratively with the Industry to ensure its successful implementation.
By supporting the GJC’s expression on gold price, Rajesh Rokde, Vice Chairman GJC said, implementing a ‘One Nation, One Gold Rate’ policy is crucial for creating a unified market across India. This would eliminate regional price disparities, enhance market efficiency, and ensure fair value for consumers nationwide. By standardizing gold rates, we can foster a more transparent and equitable trading environment that benefits both the industry and the public.
