BY RAJESH BHAYANI Gold import from the UAE at a lower rate of duty in terms of an agreement has posed a survival challenge for the Indian refining industry while hurting the price discovery of the metal, with the India International Bullion Exchange starting operations at GIFT City. The problem has arisen after
SINGAPORE: There’s a global migration underway in the gold market, as western investors dump bullion while Asian buyers take advantage of a tumbling price to snap up cheap jewellery and bars.