India's instinct to curb gold imports via higher duties and moral appeals is self-defeating—it drives up domestic prices, spurs exchange-traded fund inflows, and increases physical bullion demand. The solution is to shift gold ETFs to derivatives-backed structures to mobilise domestically held gold. India's instinct to curb gold imports via higher duties and moral appeals is self-defeating—it drives up domestic prices, spurs exchange-traded fund inflows, and increases physical bullion demand. The solution is to shift gold ETFs to derivatives-backed structures to mobilise domestically held gold. by Soban News (international And National News)
