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MUMBAI/BENGALURU Gold premiums in India jumped to two-yr highs this week as jewellers ramped up purchases on fears that the federal government would possibly put curbs on imports after withdrawing higher-denomination notes from circulation in its struggle towards black money.

Following the federal government's measures, gold imports by the world's high metallic importer in June could also be just 37-forty tonnes towards a monthly common of 70 tonnes, in accordance with the trade federation's Soni. And imports in July-December may decline by 20-25 % in comparison with the primary half of this yr, he said.

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