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India's gold imports plunge, but is it good news? Kotak flags 3 scenarios
Kotak said higher import duties from May 13 may have reduced demand, with the increase resulting in a 9% rise in domestic gold prices relative to global gold prices
Kotak said higher import duties from May 13 may have reduced demand, with the increase resulting in a 9% rise in domestic gold prices relative to global gold prices
The decline could also reflect "diversion of gold imports to unofficial channels and ... [592 chars]
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