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RE: Why Invest in Gold and Silver?
Yes. I have heard some news about the war on cash in India and then something about gold restrictions too. Isn't there some new taxes or import duties or something?
Yes. I have heard some news about the war on cash in India and then something about gold restrictions too. Isn't there some new taxes or import duties or something?
yeah there is high import duty, but still stocking gold is a common practice + people pay bribes in gold. In fact at the time of demonetisation people exchanged old notes for gold at double the price :)