Gold loses shine: Imports fall 39 per cent after duty hike, ETFs record rare outflows

India’s gold imports plunged sharply after the government raised import duty to 15 per cent, while gold ETFs witnessed their first monthly withdrawal in over a year amid changing investor sentiment, says World Gold Council.

Jun 19, 2026 - 11:00
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Gold loses shine: Imports fall 39 per cent after duty hike, ETFs record rare outflows
India’s gold imports plunged sharply after the government raised import duty to 15 per cent, while gold ETFs witnessed their first monthly withdrawal in over a year amid changing investor sentiment, says World Gold Council.

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