Gold import duty hike in focus: Are gold ETFs poised to gain traction after this move?
The recent import duty hike on gold and silver has led to a surge in gold ETFs, which are expected to benefit from increased flows as investors seek diversification. However, the demand for physical gold may decline due to cultural and savings-driven reasons.
The recent import duty hike on gold and silver has led to a surge in gold ETFs, which are expected to benefit from increased flows as investors seek diversification. However, the demand for physical gold may decline due to cultural and savings-driven reasons.
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