Gold Buying Rush Due To Rs 2,000 Notes Withdrawal? What Jewellers Say | Read

PUBLISHED ON: May 22, 2023 | Duration: 1 min, 07 sec

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Jewellery sale has risen marginally after the central bank's move to withdraw Rs 2,000 notes from circulation, but it can't be compared with the 2016 rush when Rs 500 and Rs 1,000 notes were discontinued, say jewellers. The Reserve Bank of India's Friday announcement to take back Rs 2,000 notes in exchange for lower denomination ones differs from the 2016 exercise as the Rs 2,000 notes will remain legal tenders.

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