Gold import

Last Updated: February 24, 2023, 15:04 ISTCheck the price of gold in India today. (Credits: Shutterstock)The price of precious metals is also influenced by the degree of global demand.Gold prices in India followed a positive trend on…

As the government has increased the import duty on gold from 7.5 per cent to 12.5 per cent, gold smuggling could jump 33 per cent to touch 160 tonnes in 2022 as compared with the pre-pandemic period, according to the World Gold Council…

<!-- -->Hike in import duty on gold to fuel smuggling; review decision: Industry bodiesNew Delhi: Jewellery and industry experts on Friday said the increase in import duty on gold to 15 per cent will fuel smuggling and urged the…

The United States said Sunday that the G7 group of nations will ban imports of Russian gold with the aim of tightening sanctions screws on Moscow and crippling its war effort in Ukraine. “Together, the G7 will announce that we will ban the…

Image Source : PTI (REPRESENTATIVE IMAGE) Gold imports surge by 73% in April-Feb  India's gold imports, which have a bearing on the country's current account deficit (CAD), surged by about 73 per cent to USD 45.1 billion during…

“We are a major importer of gold and import about 800 tonnes of gold every year. We have given the UAE a tariff-rate quota (TRQ) of 200 tonnes. Tariff in perpetuity will be 1% less than whatever the tariff is charged from the rest of…