 65% of all gold trading and dealing in India is estimated to originate from the market.During the early 19th century a jeweller named Ambalal Zaveri was very famous for his great quality of gold, due to his death his great reputation slowly collapsed due to disputes between his sons.The market houses the headquarters of many jewellery institutions of India including Jagawat Sons (of Mankhush Jagawat) and Tribhovandas Bhimji Zaveri, one of the biggest jewellery retailers of India, established in 1864.