Gold in India up 57% YoY to ₹152,600 per 10g
NewsBytes | May 8, 2026 4:39 PM CST
Bank tax threatens India gold imports
India's gold imports for April could drop to a near 30-year low thanks to surprise tax demands on banks.
Meanwhile, China is still buying strong due to inflation worries and global uncertainty, keeping premiums steady there.
Globally, gold prices rose this week, while local factors like holidays and economic jitters are shaping the market in each country.
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