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Gold Tumbles as India Hikes Import Duty to 15% Amid Forex Crisis

Moneycontrol Read original source (opens in a new tab)
The Story

News Summary

  • India raised customs duty on gold, silver, and platinum from 6-15% to curb non-essential imports amid West Asia conflicts and external sector vulnerabilities, prioritizing forex for critical needs.
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XAUUSD price history

4320.30 -9.35% over the displayed period

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