Cozy club routes India gold imports for decades shrouding prices in opacity

Published on 24 April 2026

Hundreds of tonnes trade away from open price signals

For decades, a consignment route has quietly structured India’s gold and silver imports, nurturing a closed marketplace with limited transparency. Hundreds of tonnes change hands through entrenched channels, and the lack of open trading makes price discovery less effective—leaving buyers and regulators without clear signals of true market value.

A decades old consignment route shapes gold and silver imports
The market remains closed and opaque, limiting transparency
Large volumes are traded through channels that curb price discovery
Weak price signals complicate how prices reflect real conditions

#consignment #india #gold imports #price discovery #market transparency

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Cozy club routes India gold imports for decades shrouding prices in opacity

The full experience is on mobile.