News From Press Investors hold on to gold ETFs even as prices slump after custom duty cut

Investors hold on to gold ETFs even as prices slump after custom duty cut

Source: Business Standard 12 hours ago

With domestic gold prices sliding following the sharp cut in Customs duties announced in the Budget, the net asset value (NAV) of gold exchange-traded funds (ETFs) took around a 5 per cent hit on Tuesday.

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