News of Bahrain
Business19 December 20191 min read

India restricts import of gold, silver in powder and unwrought forms

India yesterday restricted imports of gold and silver in the powder and unwrought forms, the government said in a notification. The world's second biggest gold consumer fulfils most of its requirement through imports. Gold and silver in powder and unwrought forms are mainly used

Editorial Team Legacy

Published 19 December 2019, 8:00 · Updated 22:04

Link copied
India restricts import of gold, silver in powder and unwrought forms

India yesterday restricted imports of gold and silver in the powder and unwrought forms, the government said in a notification. The world’s second biggest gold consumer fulfils most of its requirement through imports.

Gold and silver in powder and unwrought forms are mainly used for industrial purposes and not for jewellery making, industry officials said.

Join the conversation

Sign in to leave a comment. Every comment is reviewed before it goes live.

No comments yet. Start the conversation.