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World Gold Council warns India's gold tariff hike is fueling a booming grey market
India's gold import duty hike to 15% has backfired as official imports dropped 23% and grey market smuggling surged, the World Gold Council
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economictimes.indiatimes.com
Gold tariff hike boosts grey market, hurts organised trade, says WGC
India's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators and impacts organized businesses. …
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India's gold demand falls 6 per cent in April-June on weak seasonal demand, higher duty: WGC
India's gold demand decreased six percent year-on-year during the April-June quarter. This decline occurred despite a significant fifty percent increase in the value of gold…
