India’s increase in gold and silver import duties to 15% could encourage more bullion imports through Dubai under the India-UAE CEPA, says GTRI. https://english.mathrubhumi.com/news/money/india-gold-import-duty-dubai-uae-cepa-gtri-tshzvmqy?utm_source=dlvr.it&utm_medium=mastodon #GoldImports #DubaiTrade #IndiaUAECEPA #BullionMarket #GoldDuty
Is it time to pause that gold purchase? With gold imports hitting a record $72 billion and prices nearing ₹1.5 lakh per 10g, PM Modi is calling for austerity. Here’s how the gold rush is affecting India’s trade deficit and why the Dubai trade route is under scrutiny. https://english.mathrubhumi.com/news/money/record-surge-in-indias-gold-imports-why-government-is-calling-for-austerity-awz6mj3d?utm_source=dlvr.it&utm_medium=mastodon #GoldPriceIndia #IndianEconomy #GoldImports #TradeDeficit
Breaking News: Gold: सोना–चांदी आयात में जोरदार उछाल

Gold: भारत में अक्टूबर के व्यापार आंकड़ों ने चौंकाने वाला रुझान दिखाया है। सोने और चांदी के इंपोर्ट में अभूतपूर्व तेजी देखी गई, जिसके कारण

Hindi Vaartha
India`s gold demand hit 802.8 tonnes in 2024, 26% of global demand. Imports dominate supply, but higher prices impact demand and imports. RBI gold reserves grow. https://english.mathrubhumi.com/news/money/indias-gold-demand-imports-sbi-report-2024-vs502q1o?utm_source=dlvr.it&utm_medium=mastodon #GoldDemand #SBIResearch #IndiaEconomy #GoldImports #RBIGoldReserves

From Russia with gold: UAE cashes in as sanctions bite

In the year since the Ukraine war started the UAE imported 75 tons of Russian gold worth $4.3 billion - up from 1.3 tons in 2021. China and Turkey were the next biggest destinations.

#Russia #RussianSanctions #UAE #Gold #GoldImports

https://www.reuters.com/markets/russia-with-gold-uae-cashes-sanctions-bite-2023-05-25/

Exclusive: From Russia with gold: UAE cashes in as sanctions bite

The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia's more traditional export routes, Russian customs records show.

Reuters