[ad_1] Gold prices fall on Thursday (July 25), continuing a downward trend that began following Finance Minister Nirmala Sitharaman’s announcement of a reduction in Customs duty on gold, silver and platinum. The cut, from 15% to 6%, was intended to lower gold prices, which had been at record highs. Domestic trends On July 25, 2024, […]
Budget 2024: How much will gold prices fall after India’s Customs duty reduction – CNBC TV18
[ad_1] The Union Budget 2024 has unveiled a reduction in Customs duties on key precious metals. Duties on gold and silver have been slashed from 15% to 6%, while the duty on platinum has been adjusted to 6.4%. This cut is anticipated to lead to lower prices across all three metals. In this article, we […]
Budget 2024: Gold and silver to become cheaper as customs duty cut to 6% – CNBC TV18
[ad_1] Finance Minister Nirmala Sitharaman announced a significant reduction in basic customs duties on gold, silver, and platinum, as part of the Union Budget 2024-25. The customs duty on gold and silver will be reduced to 6%, while the duty on platinum will be lowered to 6.4%. This decision addresses a longstanding demand of the […]