Hosted on MSN

Gold Import Rules for Indians: How Much Gold Can You Bring From Abroad Without Paying Duty?

For many Indians returning from abroad, bringing gold jewelry back home is a common practice. After all, gold prices in some foreign countries are lower compared to India, making it an attractive ...
Reuters

Asia Gold: India discounts soar to record high on import duty hike; China premiums firm

Indian dealers quote discounts of up to $207 per ounce India raises import tariffs on gold, silver to 15% from 6% Chinese premiums firm at $15-$20/ounce on investment demand May 15 (Reuters) - Gold ...
Reuters

India raises gold and silver tariffs to 15% to curb imports, support rupee

NEW DELHI, May 13 (Reuters) - India has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday, as part of efforts to curb overseas purchases of the ‌metals and ...
BW Businessworld

India’s Gold Demand Cools As Duty Hike, Price Volatility Weigh On Buying

India's gold demand slowed in May and early June as higher import duties, price volatility and seasonal factors dampened jewellery and investment purchases, according to the World Gold Council ...