#‎AOJDailyeNews‬ Gold smuggling on the rise, being sold in market at 5% discount

Since February, import of gold for domestic consumption has taken a big hit, albeit through official channels. Unofficial imports, however, have increased significantly, with smuggled gold selling at a roughly 5 per cent discount (to cost of imports) of market prices. Official imported gold is also sold at 2.5 per cent discount -Read More