ABU DHABI / WAM H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and …
Read More »India bans ‘gold exports’ to plug trade loopholes
Bloomberg India has banned the export of gold products with purity above 22 carats with immediate effect, a move that the industry sees as a way of curbing irregularities in the trade. The Directorate General of Foreign Trade issued a notice limiting shipments of jewelry, coins and medallions to 22 carats or below, without giving a reason. “The move may …
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