Pakistan jewellers demand end to gold ban

This puts the government between two opposing camps: The jewellers' association versus the money exchangers' association which proposed the ban in July after imports rose more than 100%.

But behind all this lies the real culprit, India, where even the national government cannot curb gold demand. Since January, the country's finance minister has implemented all sorts of measures to get people to stop buying so much gold – but to no avail. India, still the world's largest bullion consumer, increased its imports again in July after slowing down a little bit in June.

Read More: www.mining.com/pakistan-jewellers-demand-end-to-gold-ban-95696/