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Govt Slashes Gold, Silver Base Import Price; Gold Rate Today June 12 Rebounds Sharply; Impact on Buyers

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Govt Slashes Gold, Silver Base Import Price; Gold Rate Today June 12 Rebounds Sharply; Impact on Buyers

The central government on Friday, June 12, cut the base import price of gold by $80 per 10 grams to $1,343, and slashed the silver base import price by $276 per kg to $2,092 per kg. The revision was notified by the Central Board of Indirect Taxes and Customs (CBIC) and aligns India's customs duty calculation base with the ongoing…

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