Gold Imports by India Seen Topping 100 Tons for a Second Month

Gold Imports by India Seen Topping 100 Tons for a Second Month

Dhiraj Singh/Bloomberg

India has tripled import taxes on gold from as low as 2 percent in January last year after the current-account deficit, the broadest measure of trade, widened and the rupee slumped to a record against the U.S. dollar.