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Gold falls below pre-duty-hike levels as overseas prices drop
Gold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more buyers to return to the market. Dealers anticipate higher demand and increased gold imports into the country. The recent increase in import duties had previously dampened demand, but this correction may revitalize the market.
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6 prospettive sulla stessa storiaTimeline cronologica
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m.economictimes.com
India's gold tariff hike fuels smuggling revival, squeezes banks and refiners
India's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price gap with the formal market. Industry…
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theprint.in
Gold regains Rs 1.6 lakh/10g level as weak US dollar lifts sentiment
New Delhi, Jun 9 (PTI) Gold prices rebounded by Rs 1,500 to reclaim the Rs 1.60 lakh per 10-gram mark in the national capital on Tuesday due to a weak US dollar and improving…
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scmp.com
Gold smugglers ‘make a killing’ in India as grey market outshines tariffs
Illegal gold imports could exceed 100 tonnes this year, threatening US$2.65 billion in government revenue.
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straitstimes.com
Indian gold falls below pre-duty-hike levels as overseas prices drop
The price correction could boost gold demand in the world’s second-biggest consumer of the precious metal. Read more at straitstimes.com. Read more at straitstimes.com.
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economictimes.indiatimes.com
Gold falls below pre-duty-hike levels as overseas prices drop
Gold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more buyers to return to the market. Dealers…
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cryptobriefing.com
Indian gold prices fall below pre-duty-hike levels as global prices drag domestic markets lower
Indian MCX gold futures fell 1.93% to ₹149,500 per 10 grams, dropping below pre-duty-hike levels as declining global prices erase tariff-driven gains.