1. The first reason is purity. India's gold processing equipment is not advanced, and there are still many impurities in the extracted gold. Compared with domestic gold purity, the purity of Indian gold is much lower. If it is less than 20k, it is not cost-effective for people to buy Indian gold, and they are embarrassed to give it to others.
2, very simple, because the local gold purification technology is limited, and the purity of these brilliant gold walls is not high, it is difficult to attract tourists who love gold to listen.
Because it is not pure gold here, the purity of gold is also very low. So they know that even this kind of gold is worthless, so buy it back.