Posted on Mar 29, 2024
India's army of gold refiners face new competition
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Refining gold has a long history in the family of Satish Pratap Salunke.
Following in the footsteps of his father and grandfather, he and his business collect scrap gold from jewellers, melt it down and sell it back to the jewellers in the form of gold bars.
Following in the footsteps of his father and grandfather, he and his business collect scrap gold from jewellers, melt it down and sell it back to the jewellers in the form of gold bars.
India's army of gold refiners face new competition
Posted from bbc.com
Posted 1 mo ago
Responses: 1
Posted 1 mo ago
PO1 William "Chip" Nagel The moves made by big recycling firms do not concern Mr Salunke much - he says he knows his customers.
"Local jewellers are not willing to pay a recycling cost which is too much beyond what we charge," he says.
"Local jewellers are not willing to pay a recycling cost which is too much beyond what we charge," he says.
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