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The Economic Times

Top News / The Economic Times

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Gold tariff hike boosts grey market, hurts organised trade, says WGC

India's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators and impacts organized businesses. Enforcement agencies seized nearly double the gold after the duty increase. Net gold imports fell significantly in the June quarter to a low. Demand may improve later if prices remain stable.

30 Jul 2026 12:00 pm