Illegal gold imports surge in India, distorting the bullion market
Smuggled gold is reportedly selling for up to 8,000 rupees less than legally imported bullion, undermining legitimate dealers and distorting India’s bullion market.
By DoomRadar · Published on DoomRadar .
Why it matters
Growing smuggling can weaken lawful trade, reduce tax collection and disrupt pricing in a major gold market.
Related source links
These links were collected with this event. Recorded source dates may reflect when a link was found. Article publication dates are shown only when available from the source. Open the originals for their full context.
- India bullion market: Illegal gold imports surge in India: Smuggled gold selling up to Rs 8,000 cheaper is distorting bullion market & hurting legitimate dealers ↗economictimes.indiatimes.com · Recorded source date: Sep 9, 2026, 6:16 PM UTC
- India's edible oil import rise clogs ports, slows fresh purchases | Hellenic Shipping News Worldwide ↗hellenicshippingnews.com · Recorded source date: Sep 9, 2026, 10:32 PM UTC
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