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
Article preview — originally published by ARY News. Full story at the source.
Read full story on ARY News →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from ARY News alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop