India Raises Import Duty on Gold, Silver and Other Precious Metals to 15%

The Indian government has raised the import duty on gold, silver and other precious metals from 6% to 15%, according to the source. The move increases the tax burden on imported bullion and could affect pricing and demand in India, a major global market for precious metals. While the announcement is centered on traditional commodities rather than digital assets, changes in precious metal policy are often watched by crypto market participants because gold is frequently compared with Bitcoin as an alternative store-of-value asset.

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