India has no plans to raise gold, silver import duties, govt source says

NEW DELHI, May 11 (Reuters) - India has no plans to ‌raise duties on gold and silver imports, a government source said ⁠on Monday, a day after Prime Minister Narendra Modi urged people to avoid buying gold for a year ‌due ⁠to the impact of the Iran war.

India is the ⁠world's second-largest consumer of gold and the ⁠largest consumer of silver.

Reporting by ⁠Shivangi Acharya, writing by Shanima Aniyeri; Editing by YP Rajesh

Reuters

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India has no plans to raise gold, silver import duties, govt source says

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