India’s gold hunger stays unshaken as higher duties fail to close the import floodgates
- Posted on June 16, 2026
- By Business News Today
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- 1 min read
India’s gold hunger stays unshaken as higher duties fail to close the import floodgates
India's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a notable spike in demand, which has since sustained momentum. This pattern implies that heightened taxation is failing to temper the nations gold obsession.