Budget 2019: Gold Custom Duty Increase 10 to 12.5%

Budget 2019 | Gold Duty | The government today increased customs duty on gold. Currently, gold attracts import duty of 10%. According to the Budget proposals, import duty to be hiked on gold and precious metals to 12.5%, from current level of 10%.

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Gold Spot Update – Below $1424 Level Only Sell Big Down Side Expected

Gold Spot Update – Below $1424 Level Only Sell Big Down Side Expected

Safe havens shined brightly Tuesday “as global slowdown worries are growing,” said Edward Moya, senior market analyst at Oanda.”The initial trade truce risk-on rally is over, and markets have little to show in hopes of a trade deal getting finalized anytime soon.”

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