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The Economic Times
The Economic Times
Business

Gold shines despite duty hike, silver imports tumble 66% in July

Gold silver India United States Switzerland Deficit

New Delhi, India's gold and silver imports softened in July following a sharp increase in customs duty on these precious metals, according to data released by the commerce ministry.

While gold imports rose by only 4.77 per cent to USD 4.16 billion, silver imports dipped 66.1 per cent to USD 171.68 million in July, the data showed.

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