Physical Gold, Jewellery, Gold ETFs To Grey Market: How Customs Duty To 15% From 6% Will Impact Precious Metal
As per experts, one of the cascading effects could be a spur in the grey market due to the sharp hike on gold duty to 15% from 6%. Not just that gold prices are expected to surge further, which could impact physical gold demand. If prices continue to soar, gold ETFs are also expected to face certain shocks.
As per experts, one of the cascading effects could be a spur in the grey market due to the sharp hike on gold duty to 15% from 6%. Not just that gold prices are expected to surge further, which could impact physical gold demand. If prices continue to soar, gold ETFs are also expected to face certain shocks.
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