• Home
  • Tags
  • World Gold Council

World Gold Council news and archive

Apparel

Hike in customs duty to raise gold prices

The FM move to double customs duty on gold in the latest Budget is expected to increase the retail jewelry prices resulting in a fall in demand. Higher gold prices have already lowered jewelry demand by 44 per cent to 103 tons in the December quarter, according to the World Gold Council data. The latest move is being termed as discouraging by...

loading...