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 aims to curb smuggling and boost gem and jewellery exports. Experts suggest that long-term gold investments can still recover losses from this policy change.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Hw7ZOQ3
