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  Business   Bullion market closed due to protest against PAN card requirement

Bullion market closed due to protest against PAN card requirement

PTI
Published : Feb 10, 2016, 2:05 pm IST
Updated : Feb 10, 2016, 2:05 pm IST

The government has made PAN card mandatory from January 1, for all transactions of Rs 2 lakh and above.

Representational Image.
 Representational Image.

The government has made PAN card mandatory from January 1, for all transactions of Rs 2 lakh and above.

New Delhi:

Bullion market on February 10 remained closed in the national capital because of the traders protest against government's decision to make PAN card mandatory for transactions of Rs 2 lakh and above.

The government has made Permanent Account Number (PAN) card mandatory from January 1, for all transactions of Rs 2 lakh and above.

"We have shut our shops to protest against the mandatory PAN card requirement," All India Sarafa Bazar Association Vice President S K Jain told PTI.

Yesterday, gold closed at over one-year high at Rs 28,585 per 10 grams, while silver regained Rs 37,000 per kg level.

Location: India, Delhi, New Delhi