India Raises Gold, Silver Import Duty

India hikes import duty on gold and silver to 15% The Indian Rupee exhibits mild strength against the US Dollar. The USD/INR pair trades mildly lower to near 95.60. The increase in import duty on gold and silver to 15% from 6% supports the rupee.

India hikes import duty on gold and silver to 15%

The Indian Rupee exhibits mild strength against the US Dollar.

The USD/INR pair trades mildly lower to near 95.60.

The increase in import duty on gold and silver to 15% from 6% supports the rupee.

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