Bullion Market Closed Due To Protest Against PAN Card Requirement

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Bullion market on Wednesday 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.

Bullion Market Closed Due To Protest Against PAN Card Requirement

Also read: 20 Transactions Where Quoting PAN is Mandatory From Jan 1, 2016

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.

PTI

Read more about: gold, pan card
Story first published: Wednesday, February 10, 2016, 16:30 [IST]
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