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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
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theprint.in
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…
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timesofindia.indiatimes.com
Gold custom duties hiked: Gold duty hike may raise domestic prices, divert supplies to grey markets: SBI report
Gold is expected to become costlier after the government's recent move to raise import duty to 15%. Alongside, the impact is likely to show up in domestic prices as well as trade…
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Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pc
New Delhi, May 15 (PTI) India’s gold imports surged 81.69 per cent year-on-year to USD 5.62 billion in April, driven by high prices of the precious metal, though imports may…
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thehindubusinessline.com
Silver plunges Rs 21,600 per kg, gold falls sharply amid strong dollar
Gold fell Rs 3,200 and silver plunged Rs 21,600 in Delhi bullion markets amid a stronger US dollar and heavy investor profit-booking.