India may soon announce a lowering of the import tax on gold that may boost demand in the nation. Bloomberg’s Alix Steel examines what the move could mean to global gold markets. She speaks on “In the Loop.”
India may soon announce a lowering of the import tax on gold that may boost demand in the nation. Bloomberg’s Alix Steel examines what the move could mean to global gold markets. She speaks on “In the Loop.”
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Gold jumped on August 19 after a surprise U.S. Treasury move pushed bond yields and the dollar lower. The bigger opportunity may now be disciplined gold miners still valued for a much weaker bullion market.
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