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Gold smuggling jumps to 50 tonnes as 15 pc import duty widens gap for unofficial supply

Economic Times Retail RSS·4 Nov 2026
Gold smuggling jumps to 50 tonnes as 15 pc import duty widens gap for unofficial supply

Gold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import duty rose to 15% from 6%, according to the World Gold Council.…

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