A WTO panel recently ruled that India had violated global trade rules after the European Union challenged the levy of 7.5% and 15% import duty imposed since 2017 on a wide range of IT products, including mobile phones (where the duty was further raised to 20%) and components to curb imports in a bid to increase domestic production.
Gold prices rise for 3rd straight week, hit 3-month high. Can bullion reclaim $5,500 peak?
Gold rose 5% this week to nearly $4,603, marking its third consecutive weekly gain, supported by a weaker US dollar, Treasury bond buybacks and expectations