India's Higher Gold Import Tax Won't Curb Demand, Says Gavekal Research on May 25
According to Gavekal Research analyst Charles Gave on May 25, India's increased gold import tax will not curb local demand. Gave noted the measure has eroded the rupee's value against gold, which will instead encourage locals to purchase more gold as a savings vehicle.
Gave added that despite the g
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GateNews·05-25 09:42
