In one of the largest recent anti-smuggling operations at Hyderabad’s international airport, Customs authorities have seized gold valued at approximately ₹33.6 crore during a series of inspections and intelligence-led enforcement actions. The operation highlights the growing challenge posed by organized gold smuggling networks attempting to exploit international air travel routes to illegally transport precious metals...
In a significant policy decision aimed at regulating precious metal inflows and strengthening macroeconomic stability, the government has raised the import duty on gold and silver to 15 percent. The move is expected to reshape bullion trade dynamics, impact domestic prices, and curb rising imports of precious metals. Policy Objective Behind the Duty Hike The...
Gold prices witnessed a significant decline in domestic bullion markets on Monday, while silver registered strong gains as investors reacted to mounting geopolitical uncertainty in West Asia and shifting global economic signals. The sharp movement in precious metal prices came amid heightened concerns over rising crude oil prices, inflationary pressures, and uncertainty surrounding global monetary...