u/ThePrince1856

“India has raised import duty on gold and silver to 15% from 6%. This sharply increases the cost of bullion purchases for the world's second-largest gold consumer.”

**“**India's currency has taken a heavy hit amid the geopolitical tensions. According to Reuters, the rupee is now the worst-performing major Asian currency this year, having shed close to 5% of its value since February 28.”