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Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026

India's gold demand faces a significant drop this year. The World Gold Council predicts a contraction of 50 to 60 tonnes. This decline follows a sharp increase in import duties. The Prime Minister has also urged consumers to pause gold purchases for a year. I…

By PTI· The Times of India· 4 months ago· 2 min read
Import duty hike to decrease India's gold demand by 50-60 tonnes in 2026