India’s gold tariff hike fuels smuggling revival, squeezes banks and refiners

June 9, 2026
image

India’s sharp increase in gold
import tariffs is fuelling a resurgence in smuggling that could
exceed ?100 metric tonne this year, as soaring grey market margins
allow smugglers ?to undercut banks and refiners of the precious
metal, industry officials and bullion ?dealers…

Source



Original URL: Click here to visit original article