Tuesday, 29 September 2026Updated 4m ago
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Under-the-counter cash gold sales boom in India as high prices and taxes bite

1 source · first seen 17:24 29 Sept · updated 17:24 29 Sept

The brief

Written from 1 report · check the source before you trade
  • High gold prices and increased taxes are encouraging more buyers to transact in cash
  • Cash purchases may weigh on formal jewellery sales and compliance for Indian jewellers

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Read the reports

1 report · earliest 17:24
Economic TimesUnder-the-counter cash gold sales boom in India as high prices and taxes bite17:24