pakistan
India has no plans to raise gold, silver import duties, govt source says
Key takeaways
- India is the world’s second-largest consumer of gold and the largest consumer of silver.
- Also Read: India’s gold investment demand tops jewellery for first time ever in March quarter
- Stronger investment demand in the world’s second-largest consumer of gold partly offset a decline in jewellery buying, hit by a rally in prices, helping keep overall demand stable, the WGC said.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize India has no plans to raise duties on gold and silver imports, a government source said on Monday, a day after Prime Minister Narendra Modi urged people to avoid buying gold for a year due to the impact of the Iran war.
India is the world’s second-largest consumer of gold and the largest consumer of silver.
Also Read: India’s gold investment demand tops jewellery for first time ever in March quarter
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