Global Rates Se Alag Khel?
Ye poora scene global market ke rules se alag chal raha hai. Yahan pehle se hi kuch 'bade log' decide karte hain gold ka rate, aur baaki duniya ka demand-supply toh bas naam ka hai. Market ke uper neeche hone ka asli reason global benchmarks nahi, balki in dominant players ka influence hai.
Import Par 'Cozy Club' Ka Raaj?
Zaveri Bazaar se aa rahi khabron ke mutabik, pichle kai saalon se gold imports ko ek chhupi hui group control kar raha hai. Ye log saal mein hundreds of tonnes gold aur silver bechte hain, lekin kaise, ye kisi ko nahi pata. India apni 800-900 tonnes ki saalana demand poori karne ke liye imports par depend karta hai, aur is opaque system mein investors ko sahi market value ka pata hi nahi chalta. Is poori market mein 1kg gold bar ko 'Cadbury' bhi bolte hain.
Smuggling Aur Duty Chorane Ke Tarike
Illegal tareekon se gold ki smuggling bhi kaafi ho rahi hai. Jabki official imports badhe hain (RBI ne 73 tonnes aur kharida hai is saal), illegal entry bhi kam nahi ho rahi. Govt ne June 2025 mein kuch alloys ko import karne par restrictions lagayi hain taaki duty bachane ke liye gold ko doosre naam se na bheja ja sake. Estimates hain ki 50% se zyada smuggling attempts pakde nahi jaate. UAE se platinum alloy ke naam par gold import karke, government ko ₹1,700 crore se zyada ka nuksaan ho chuka hai jabse 2022 shuru hua hai.
Exchange Ki Kami Aur Loopholes
India mein London ya Shanghai jaise formal gold exchanges nahi hain, jisse market mein transparency kam hai. Proposals toh hain, par abhi bhi trade informal hi hai. Bullion dealers local factors se rates decide karte hain. Cash transactions aur bills ko split karna jaise tarike bhi is lack of openness ko badhate hain. UAE se platinum alloy ke naam par gold import karna iska ek bada example hai jisse importers duties aur restrictions bypass karte hain. Government ne July 2024 mein duty ko 15% se kam karke 6% kar diya tha, jiska aim smuggling kam karna tha, par abhi bhi loopholes hain.
Transparency Ki Raah
Aage jaakar India ke gold market mein transparency aur fair pricing ek bada issue rahega. Duty cut se prices global benchmarks ke paas aane aur smuggling kam hone ki ummeed hai, par informal channels aur naye tarike se tax bachaane ki koshishein chalti rahengi. Festivals aur weddings mein demand zyada hone wali hai, isliye imports badhenge. Regulatory oversight kaafi important hoga.