India Raises Import Duties on Gold and Silver to 15%
Move aims to curb bullion purchases and ease pressure on the rupee
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India raises import duties on gold and silver to 15% to curb purchases and ease pressure on the rupee, amid rising energy costs and trade deficit
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Warum es wichtig ist
India's gold demand has been increasing, leading to a trade deficit
India, the world's second-largest gold consumer, has raised import duties on gold and silver to 15% from 6%, just days after Prime Minister Narendra Modi urged citizens to curb bullion purchases for a year as overseas purchases pressure the rupee. ...
Worauf zu achten ist
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India's gold demand will decrease
Wahrscheinlich · Kurzfristig
Offene Fragen
- How will India's increased import duties affect the global gold market?






