Gold and silver exchange traded funds rally after government hikes import duty
MUMBAI: Gold and silver ETFs, and jewellery stocks were in focus on Wednesday after govt hiked import duty on these precious metals to 15% from 6%. ETFs jumped over 10% in early trades and then stabilised with about 6-7% gain, lower than the hike in duty rate. Jewellery stocks, meanwhile, showed a mixed trend.In the … Read more