MMTC-PAMP's Samit Guha said the industry has long flagged differences in import duties, particularly under the Single Euro Payments Area (SEPA) route, where refined bullion can enter India at lower ...

A short squeeze last October showed how local supply constraints can quickly go global, especially for a less-liquid metal ...

India's precious metal refiners are urging the government to address duty disparities that disadvantage local operations ...

Silver jumped over 154% year-to-date versus 17.5% for the S&P 500. China controls 70% of global refined silver supply and locked silver exports starting January 1st. Physical silver costs 7% more now ...

The duty gap puts refiners at a significant disadvantage, though the government appears to be aware of the issue, he said ...

Silver’s greatest rallies have always mirrored moments of economic uncertainty in the US, from the inflation storm of the 1970s to the financial crisis of 2008 and the stimulus era after 2020. As ...

MMTC-PAMP urges government to address duty gaps on gold and silver imports, seeking input-related benefits to strengthen India’s refining sector.

To say this is the craziest time in the precious metals business is an understatement, said a Las Vegas gold and silver ...