November 20, 2014 / 8:48 AM / 3 years ago

Jewellers fall on rising uncertainty over gold imports

Reuters Market Eye - Titan Company(TITN.NS) falls 1.58 percent, Gitanjali Gems(GTGM.NS) down 3.36 percent.

A woman tries a gold ring at a jewellery showroom in Mumbai October 21, 2014. REUTERS/Danish Siddiqui/Files

Six star trading houses under government lens for spike in imports, news channel CNBC TV18 reported.

Separately, India’s trade body asks members to curb gold coin sales.

India will take steps to curb gold imports soon, a senior finance ministry source told Reuters on Tuesday.

Move may reduce supply of gold, affect sales of jewellers - Traders.

Reporting by Abhishek Vishnoi

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