Man melts gold at a refinery in the western Indian city of Ahmedabad
MUMBAI (Reuters) - India on Wednesday 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.
(Reporting by Rajendra Jadhav; editing by Jason Neely)
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December 18, 2019 at 06:04PM
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India restricts import of gold, silver in powder and unwrought forms - Yahoo Finance
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