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Gold jumps in India after govt retains import duty at 10%

Gold imports in India are set to rise ahead of Akshaya Tritiya, considered by India's more than 900 million Hindus as an auspicious day to buy precious metals. The day falls on April 21 this year.


GOLD prices in India rose to the highest level in more than a week after the world's largest consumer unexpectedly left the import tax on the metal unchanged.

Futures rallied as much as one per cent to 26,490 rupees (S$585) per 10 grams, the highest since Feb 19, on the