Gold prices fall: Have gold ETFs turned more attractive than sovereign gold bonds?
Monday, 19 August 2024 The reduction in customs duty on gold and favorable budget tax benefits have made gold ETFs appealing. The recent reduction in customs duty on gold has led to a 6% drop in domestic gold prices, bringing the cost down to Rs 69,100 per 10 grams.
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The recent reduction of gold import duty from 15% to 6% resulted in an 8% drop in domestic gold prices, affecting gold ETFs and sovereign gold bonds. Government... IndiaTimes
Monday, 19 August 2024
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