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Gold soars by Rs 8,550, silver by Rs 20,500 after import duty hike
New Delhi, May 13 (PTI) Gold prices soared by Rs 8,550 to a little over Rs 1.65 lakh per 10 grams in the local market here on Wednesday after the government increased the import duty on precious metals to 15 per cent. Silver prices jumped by Rs 20,500 to Rs 2,97,500 per kg in Delhi […]
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cnbc.com
India hikes bullion import duties as the world's second-largest gold market faces a declining rupee
The government has imposed a 10% basic customs duty and a 5% tax on gold and silver imports, as per notifications issued on Wednesday.
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hindustantimes.com
Gold rate today: Prices surge after Centre raises customs duty on precious metals; check latest prices in your city
Today Gold Rate: Despite the sharp jump, 24-carat gold prices are still down 1.07 per cent over the past week and 0.75 per cent over the last month. | Business News
