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Gold's own country: India's booming smuggling sector

The Morning Brief

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The History of Gold Smuggling in India

Gold smuggling has had its highs and lows through the years. The reasons have varied from government policies to tax rates to demand. Around 100 tons of gold gets smuggled in India, but some people say it is much more than that. Our own demand supply says that about 80-100 tons gets smuggled on an average.

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