India extends TRQ authorisation for gold imports under India-UAE CEPA to June 30th
Context
India's extension of TRQ authorisation for gold imports under the CEPA with the UAE potentially stabilizes gold supply dynamics as market participants adjust to this regulatory backdrop. This aligns with ongoing demand in key markets, which may influence gold prices amid fluctuating global trends. Traders should monitor for any impact on import volumes and subsequent price moves in both local and international markets.
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