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What analysts are saying after Centre hikes gold and silver duties to 15 per cent – The Tribune

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What analysts are saying after Centre hikes gold and silver duties to 15 per cent – The Tribune

The government increased import duties on gold and silver from 6 per cent to 15 per cent in an attempt to reduce foreign purchases of the metals and ease the pressure on the country's foreign exchange reserves. Here is what industry analysts say about this move: Manav Modi Commodities Analyst, Motilal Oswal Financial Services Ltd The move is aimed at…

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