Home Economics Diwali Gold Sales Slump In India After Tariff Hike

Diwali Gold Sales Slump In India After Tariff Hike

Advertisement Disclosure: When you purchase through our sponsored links, we may earn a commission from our partners. By using this website you agree to our T&Cs.

Diwali gold sales slump in India after tariff hike (via AFP)

Gold sales during India’s festive season have slumped to half their usual levels this year after the government hiked import duties to record levels, traders said Friday. India is known as the world’s biggest consumer of gold and sales traditionally…

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

AFP
Editor
Investing

Which Stocks Should You Buy, and Sell, in 2026?

Dave Kovaleski5 months

Also, the 3 sectors that Wall Street analysts are most bullish about. The usual suspects dominated in 2025 as both the Communication Services and Information Technology sectors helped boost the...