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70% drop in gold demand: Import duty hike from 6% to 15% rattles buyers

NEW DELHI: Gold demand in India has slipped by nearly 70 per cent after the government doubled import duty on the precious metal earlier this month.

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economictimes.indiatimes.com

timesofindia.indiatimes.com

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timesofindia.indiatimes.comStai leggendo8 h fa

70% drop in gold demand: Import duty hike from 6% to 15% rattles buyers

NEW DELHI: Gold demand in India has slipped by nearly 70 per cent after the government doubled import duty on the precious metal earlier this month.

originale

economictimes.indiatimes.com15 h fa

Gold demand drops 70% after sharp duty hike in India

Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May…

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Timeline cronologica

sabato 30 maggio 2026·economictimes.indiatimes.com
Gold demand drops 70% after sharp duty hike in India
Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on…
sabato 30 maggio 2026·timesofindia.indiatimes.com
70% drop in gold demand: Import duty hike from 6% to 15% rattles buyers
NEW DELHI: Gold demand in India has slipped by nearly 70 per cent after the government doubled import duty on the precious metal earlier this month.