Wednesday 29 June 2016

#‎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

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