India Govt raises import tariff value of Gold, Silver
India had raised the import duty on gold and silver in stages to 10% while it announces the import tariff value on gold and silver from time to time based on global price movements and to prevent under invoicing.
DGCX volumes cross three million contracts in Q1
Dubai Gold & Commodities Exchange (DGCX) total volumes in March increased 2% from the previous month to aggregate 1,023,410 contracts, valued at USD 30.15 billion. The growth in March enabled the Exchange's first quarter volumes to cross three million contracts.