Gold, Silver Rates Soar Following Customs Duty Hike
Gold and silver prices surged up to 8 per cent on Wednesday after the government sharply increased import duties on precious metals to conserve foreign exchange reserves.
Centre Raises Import Duty On Gold, Silver And Platinum To Curb Forex Outflow
The government has raised customs duties on gold and silver imports to 15 per cent and increased platinum import duty to 15.4 per cent to reduce pressure on foreign exchange reserves.
