According to a World Gold Council report, gold smuggling is estimated to have climbed to around 50 tonnes in the September quarter, compared with just three tonnes in the same period a year earlier. The surge highlights how higher import costs have had unintended consequences for the market.
According to a World Gold Council report, gold smuggling is estimated to have climbed to around 50 tonnes in the September quarter, compared with just three tonnes in the same period a year earlier. The surge highlights how higher import costs have had unintended consequences for the market.
<iframe src="https://hindustansphere.com/embed/cluster/41cd05313de3ba135be1d1b448467259203ef91f" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Gold smuggling hits 50 tonnes in India as 15% import duty widens price gap"></iframe>
