WorldAugust 16, 2026

sarafa

suh-RAA-fuh

Definition

A market or association of bullion and jewelry merchants in India, particularly those dealing in gold and silver.

Etymology

The word is derived from the Arabic 'sarraf,' meaning a money changer or banker, which entered various Indian languages through trade routes to describe professionals dealing in precious metals and currency.

In the news

The term appears in the context of gold and silver price listings, indicating that the quoted rates are the recommended standard for the local Nagpur trade association.

Nagpur Police API Dies by Suicide in Government Quarter; Probe Underway

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Nagpur Today

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