India Gold Demand 'Up 15-40%' on Shock Cut to Import Duty
Gold News By Adrian Ash – Monday 29th July 2024
The GOVERNMENT of India has slashed import duty on gold and silver, more than halving the incentive offered to smugglers in the precious metals' No.2 consumer market and boosting industry forecasts for this autumn's festive and wedding demand as Rupee prices drop from record highs.
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