Re: L'Or et l'influence du cours du baril sur le cours de l'once
Publié : 03 juil. 2022, 12:17
L'Inde augmente de 7.5 à 12.5 % les taxes à l'importation d'Or.
L'inde ne figure pas dans le tableau des producteur d'Or de la fiche USGS, et donc j' ai cherché sur le net ;
En fait l' Inde ne produit quasiment pas d'Or, seulement une production ridicule de 1.6 tonnes annuel !
https://economictimes.indiatimes.com/in ... 288465.cms
https://www.mining.com/web/india-raises ... ort-rupee/India raises import tax on gold to support rupee
Reuters | July 1, 2022
India has raised its basic import duty on gold to 12.5% from 7.5%, the government said on Friday, as the world’s second biggest consumer of the precious metal tries to dampen demand and bring down the trade deficit.
Local gold prices jumped to an over two-month peak of 52,032 rupees per 10 grams on Friday, the highest since April 25.
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India meets most of its gold demand through imports. That has put pressure on the rupee, which hit a record low earlier on Friday.
The duty hike should lift prices and moderate demand in India, which could weigh on global prices. But it could stoke under-the-counter buying and drive-up precious metal smuggling into the country, industry sources said.
“The sudden rise in prices could bring down jewellery demand this month,” said Prithviraj Kothari, managing director of RiddiSiddhi Bullions.
After the duty hike, dealers were offering a discount of up to $40 an ounce over official domestic prices — inclusive of the 12.5% import and 3% sales levies.
India’s May trade deficit widened to $24.29 billion from $6.53 billion a year ago as gold imports in the month surged to $6 billion from $678 million a year ago.
The increase in import duty on gold aims to reduce gold imports and ease macro-economic pressure on the Indian rupee, said Somasundaram PR, regional chief executive officer of the World Gold Council’s Indian operations.
In the short-term gold demand could fall, but in the long run demand would remain strong and imports would rebound, said Surendra Mehta, secretary at the India Bullion and Jewellers Association (IBJA).
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L'inde ne figure pas dans le tableau des producteur d'Or de la fiche USGS, et donc j' ai cherché sur le net ;
En fait l' Inde ne produit quasiment pas d'Or, seulement une production ridicule de 1.6 tonnes annuel !
https://economictimes.indiatimes.com/in ... 288465.cms
India’s gold mine production is just 1.6 tonnes as of 2020 and could rise to 20 tonnes per year, highlights a World Gold Council report on 'Gold Mining in India" released on Thursday as part of a series of in-depth analysis on the Indian gold market.
The report highlights how India has a rich heritage of gold mining, but the industry’s growth has been hampered by legacy processes and under-investments. Despite India being one of the world’s largest consumers of gold, the mining market ..