Gold Prices Drop By ₹ 5,000/10gm Post Budget, Bring Cheers To Investors
Friday, 26 July 2024Newsdesk
Analysts said customs duty cut has made gold imports cheaper. The move will help curb the rampant issue of gold smuggling, leading to growth in the organised jewellery sector.
New Delhi 26 July 2024
As per news report of NDTV,Gold prices have corrected sharply by 7 per cent or ₹ 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to invest in the yellow metal, both as a commodity and as a financial asset, experts say.
Source - NDTV
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