Import duty
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India raises import duty on gold to support rupee

After hike in import duty on gold from 7.50 per cent to 12.50 per cent, gold price witnessed sharp upside move on Multi Commodity Exchange (MCX) and in retail domestic markets. Recording ₹1,433 per 10 gm gain on Friday session, MCX gold rate ended at ₹51,950 levels whereas spot gold price ended $2.81 per ounce higher at […]