Gold surges above ₹1.63 lakh due to global instability and a declining rupee
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Source: Business Line
Increase in Import Duty: The Indian government has raised the total import duty on gold and silver from 6% to 15%.
Impact on Domestic Bullion: This increase in import duty is expected to further amplify the rally in domestic bullion prices.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
