(MENAFN- KNN India) In order to discuss these aspects further with the objective of spreading better understanding of the gold industry as an appropriate investment avenue for wealth creation and also to address major issues of the sector ASSOCHAM is organising International Gold Summit here on July 29.
The 8 th edition of the event will provide an excellent opportunity for organisations and companies to promote their products and services.
There will be a large participation by the stakeholders including the government, Reserve Bank of India; national and international bullion banks; bullion associations, commodity exchanges; security agencies and investors among others.
The seminar will discuss the key issues such as gold market; gold jewellery; gold in Indian economy; international trends in testing and hallmarking; gold bank and gold depository accounts; commodity exchanges; role of banks and nominated agencies in bullion; gold investing; monetizing of gold; replicating returns of gold; bullion derivatives;
international perspective on gold ETFs; opportunities in the worldwide gold equity markets and role of NBFCs in gold loans.
The programme will feature discussion on getting an insight into the policy and regulatory issues; understand the growth pattern and emerging trends in gold trading.
It will also have knowledge sessions covering critical and topical issues; experience sharing through presentations and case studies and interact and network with the stakeholders and policy makers of gold market.
With growing consumer awareness, the demand for gold jewellery with known purity has been the guiding factor for purchase of jewellery. Accordingly, the government has implemented hallmarking scheme to protect the consumer in purchasing gold jewellery of requisite purity, develop export competitiveness and make India a leading market for gold jewellery in the world.
India can be a global player in gold market, however, for India to become a world trading superpower there is a need for greater involvement of trade and industry with the government. (KNN Bureau)
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